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Author Topic: Ah, another reason the US probed Swiss banks [Locked]
Abaddon_Ambrosius  4 stars
Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
Italian anti-mafia prosecutors said they seized a record $6 trillion of allegedly fake U.S. Treasury bonds, an amount that’s almost half of the U.S.’s public debt.

The bonds were found hidden in makeshift compartments of three safety deposit boxes in Zurich, the prosecutors from the southern city of Potenza said in an e-mailed statement. The Italian authorities arrested eight people in connection with the probe, dubbed “Operation Vulcanica,” the prosecutors said.


http://www.bloomberg.com/news/2012-02-17/italy-police-seize-6-trillion-of-fake-u-s-treasury-bonds-in-switzerland.html


That's Trillion. With a T.

I wonder how many of those are in circulation, and what % that adds to the "bad debt" balance?

Even a fraction of that would play havoc with the banking system.

 

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NuEM  4 stars
Posts: 1,007
Registered: 2004-3-2 09:08:11
Funny I heard the same thing years ago. Nothing came out of that. At least nothing we know of.

 

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Rosaria  2 stars
Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
Abaddon_Ambrosius posted:

Italian anti-mafia prosecutors said they seized a record $6 trillion of allegedly fake U.S. Treasury bonds, an amount that’s almost half of the U.S.’s public debt.


The bonds were found hidden in makeshift compartments of three safety deposit boxes in Zurich, the prosecutors from the southern city of Potenza said in an e-mailed statement. The Italian authorities arrested eight people in connection with the probe, dubbed “Operation Vulcanica,” the prosecutors said.


http://www.bloomberg.com/news/2012-02-17/italy-police-seize-6-trillion-of-fake-u-s-treasury-bonds-in-switzerland.html


That's Trillion. With a T.


I wonder how many of those are in circulation, and what % that adds to the "bad debt" balance?


Even a fraction of that would play havoc with the banking system.

There's something fishy, and really odd, about this entire thing. I'm doing a little more research on it now.

 

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bstulic  3 stars
Posts: 761
Registered: 2002-7-26 04:55:00
NuEM posted:

Funny I heard the same thing years ago. Nothing came out of that. At least nothing we know of.



One or two years ago. Big headlines for a day, then nothing

 

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NuEM  4 stars
Posts: 1,007
Registered: 2004-3-2 09:08:11
To be honest I was a bit surprised to learn these things even exist physically.

 

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Rosaria  2 stars
Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
Nigerians. Of course. Apparently they're no longer content with email scams and mail order brides.


Put your tinfoil hat on....what do you want to bet that the investigation leads to Iran within a month?

 

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"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
NuEM  4 stars
Posts: 1,007
Registered: 2004-3-2 09:08:11
Are fake treasury bonds any less real than official ones?

 

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Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12
NuEM posted:

Are fake treasury bonds any less real than official ones?



Well they are certainly more real than the Greek ones your peeps are holding.


 

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Rosaria  2 stars
Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
NuEM posted:

Are fake treasury bonds any less real than official ones?

Well...that's a toughie. At this time, they're not sure the bonds are completely fake. Uh oh.

 

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"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
NuEM  4 stars
Posts: 1,007
Registered: 2004-3-2 09:08:11
@SoO: Thanks to conservatives. I don't know what their plan is, but it doesn't seem to be working. Greece is kaputt. Maybe they want it to hit rock bottom and then start "privatizing" everything, which means selling everything for 1 Euro to big fat corporations.

 

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