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To: April Lexington

Paper certs of non-paper or registered bearer bonds are like transporting your tax returns from 10 years ago. Why bother?

BTW — here’s what a real bearer bond looks like:

http://1.bp.blogspot.com/_07Vo5mDNg18/SjG0o3s-hAI/AAAAAAAAACw/qZFWJmppPak/s1600-h/bond1small.jpg

The interest “coupons” on the bottom of the bond would be clipped off and sent in to receive payment, hence the missing coupons on the left.


40 posted on 06/11/2009 10:12:48 PM PDT by NVDave
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To: NVDave
Good point. This still doesn't make any sense to me. Plus, Japan issued a statement yesterday supporting the dollar and US bonds. Very strange indeed!
47 posted on 06/12/2009 11:28:37 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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