Palestinian carries millions in suitcase ($20 Million!)

Yahoooo New via AP ^ | 6/14/06

[Mr. Brightside]

Wow. How does he do that?

I have tried to get $20 million in a suitcase and have only been able to stuff $13 million inside without buckling the hinges.

[IncPen]

Normal travelers must declare all sums over $2,000 and explain their origin.

Not unlike the US...

[areafiftyone]

Wow. How does he do that?

He stayed at a Holiday Inn Express.

[ricer1]

It would help if you didn't use $1's. Try $50's or $100's next time...

:>

[Mr. Brightside]

Actually, the $13 million is from my spare change can on my nightstand.

Do you have any idea how heavy that much money is in dimes, quarters and pennies?

[Psycho_Bunny]

It's not so much the 1's as all the crumpled-up 10s. Even ironing doesn't help.

 

[SamAdams_Lite]

Why not use wire transfer unless you are trying to hide the source.

[G.Mason]

"Palestinian carries millions in suitcase ($20 Million!)"

One question.

What members of the U.S. Congress were over there?

[george76]

[areafiftyone]

unless you are trying to hide the source.

BINGO!

[greasepaint]

the Palis' should use some of the money
to buy a copy machine, so they could make their own money.

perhaps these people are too lazy

the article says dollars,
but if really Euros,
the 500 Euro banknote is nice

[SJackson]

If you'd like to be on this middle east/political ping list, please FR mail me.

Articles on Israel can also be found by clicking on the Topic or Keyword Israel.

..................

[yankeedame]

My question is: What was this character going to do with all that money? I mean, all that cash? Somehow I can't see him going into the Gaza Valley Credit Union, or the 5/3 Bank of Palestine, stepping up to the counter and saying: "I'd like to make a deposit please. Here's my deposit slip."

And I also can't see him going into the lobby of the PA City Hall and announcing: "Line up to get paid, everybody. Everybody,line up. No pushing. Stay in line. You'll all get paid..."

So I mean just what was/is he going to do with all that cash?

[texas booster]

From ancient mememory while working as a cashier for a large vending company ...

A $1,000 bag of quarters weighed in at 48 lbs.
A $1,000 bag of dimes weighed in a 50.5 lbs.
A $200 bag of nickles wighed in at 42 lbs.
A $50 bag of pennies weighed 44 lbs.

Please multiply to your hearts content.

Somewhere I still have leftover canvas coin bags from the old days. I have no idea how companies manage large amounts of coin anymore.

[RoadTest]

This money will be used to:

A. Feed the poor

B. Contribute to the Salvation Army

C. Build Casinos

D. Buy armaments

[monkeyshine]

Euro notes come in 500 denominations and are worth about $630. So you need less than 32,000 of them. Except they are bigger than our $100 bill.

[Patinator]

There are roughly 490 notes in a pound. Therefore, $1M in $1 bills would weigh 2,040 pounds (1,000,000/490).

$20 million in $100 bills would weigh 408 pounds (20,000,000/490/100). Must be quite a suitcase or it is in a higher denomination. We have $500, $1,000 and $10,000 denominations, but they are collector's items and not working currency. Maybe, it is in a different currency that has higher denominations.

[southlake_hoosier]

It seems that they did not hide the sources since there is a list of visited countries. Not of them surprising. Time to lock the accounts from those countries as well.

[musicman]

My favorite Yogi Berra quote:

"The towels were so thick there, I could hardly close my suitcase !!"...