Strange Inconsistencies in the $134.5 Billion Bearer Bond Mystery (follow the money)

Seeking Alpha ^ | June 16, 2009 | J.S. Kim

[Ben Mugged]

Here’s yet another huge financial story that has been virtually blacked out by the US financial media. Although on the surface, this story appears to be a non-event, if we consider some of the released facts about this case, you will understand why I consider it to be a huge story. On June 8th, the Asia News reported the following story:

“Italy’s financial police (Guardia italiana di Finanza) has seized US bonds worth US 134.5 billion from two Japanese nationals at Chiasso (40 km from Milan) on the border between Italy and Switzerland. They include 249 US Federal Reserve bonds worth US$ 500 million each, plus ten Kennedy bonds and other US government securities worth a billion dollars each. Italian authorities have not yet determined whether they are real or fake, but if they are real the attempt to take them into Switzerland would be the largest financial smuggling operation in history; if they are fake, the matter would be even more mind-boggling because the quality of the counterfeit work is such that the fake bonds are undistinguishable from the real ones.”

Here are just a few fascinating facts about this case (at least they are being reported as “facts” at this current time):

[Ben Mugged]

Read the article. $134.5 Billion is a lot of money...... I wonder if it is connected to the stimulus in any way?

[mgc1122]

Walking around money for Chicago ....

[MeneMeneTekelUpharsin]

The biggest story of all is that this is not a big story in the MSM. Why?

[Velveeta]

“Inconsistencies” follow-up to this mystery - ping.

[MaxMax]

I would be more concerned about the unregulated Federal Reserve over this situation.
There's money out there that nobody is watching over. Our Government has
turned gypsy.

[Abathar]

That’s close to what - 1% of our nations GDP?

Somewhere there is a government crapping their pants over getting caught dumping our bonds, no single person or company would have that much.

Italy stand to gain though, they get 40% of that if it’s real, a nice bonus to their bottom line this year.

[henkster]

Reading the article, it is not at all certain that the gentlemen were Japanese. I sense they were probably Chinese, and I suspect very high penetration of our MSM outlets by the Chinese. They don’t tell the media what to distribute (yet), but I suspect they have a growing veto power.

[Califreak]

I keep thinking about Chrysler-Fiat every time I hear this story.

[Ken H]

I'm not a financial expert, but I'd say their portfolios are too concentrated in fixed income assets.

[KoRn]

"On March 30, 2009, the US Treasury Department announced that USD $134.5 billion remained in its Troubled Asset Relief Program [TARP]. The stated amount of seized bearer bonds was $134.5 billion. Coincidence?"

This is a very interesting bit of information.

[Blogger]

For later

[Brett66]

Perhaps then, this $134.5.billion bearer bond mystery was an attempt of a nation state to shake the world’s confidence in the position of the US dollar as the world’s reserve currency.

Very interesting, this is Bilderbergeresque......

[hosepipe]

If they are real bonds.. WHO OWNS THEM?...
If real thats a big loss.. DRUG dealers?..

Not only who owns them but who gets them if they are real?..
I can hear HYENAS yowling.. for that "money"..
Parasites from Chicago to Washington D.C...

[pissant]

Where the hell are the financial investigative journalists? Blomberg? Forbes? WSJ? Get frickin BUSY, you dolts.

[Califreak]

I wonder who Zero is paying now?

[PeterPrinciple]

plus ten Kennedy bonds

---

What the heck is that?

[GeronL]

Glenn Beck said only 4 countries hold that much debt right now. I have also heard these were ancient bonds, I dunno.

[the long march]

Can anyone say George Soros??

[Ben Mugged]

The value of these bonds is $134.5 Billion in face value. If they were in fact issued in 1934, what country had the resources to issue bonds with this much value?

Something truly bizarre is going on here and the lack of interest by the MSM indicates some liberal machination.

[GeronL]

Marshall Plan bonds?