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2 Japanese carrying $134 bil worth of U.S. bonds detained in Italy
Japan Today ^ | Thursday 11th June, 06:18 AM JST | JapanToday

Posted on 06/10/2009 10:45:08 PM PDT by Xenophon450

ROME —

Two Japanese nationals were detained by Italian financial police last week after trying to enter Switzerland with $134 billion worth of undeclared U.S. bonds, mostly Treasury bonds, an Italian daily said Wednesday. The Japanese consulate general in Milan confirmed that the detention had taken place and said it was trying to confirm with Italian authorities whether the two were indeed Japanese nationals and their identities.

According to the report in il Giornale, two unidentified Japanese in their 50s concealed the bonds, including 249 U.S. Treasury bonds each worth $500 million, in a suitcase with a false bottom that was searched by the Italian authorities June 3 when they were in Chiasso, at the border with Switzerland, about 50 kilometers north of Milan. The daily did not say on what charges they have been detained, but the two may have been detained on suspicion of attempting to take a large amount of securities out of Italy without declaring it because the paper said they had not declared the bonds.


TOPICS: Foreign Affairs; Government; Japan
KEYWORDS: 200906; 20090603; bearerbonds; bonds; counterfeit; fakebonds; italy; japan; japanese; mafia; meyerhardt; milan; milancell; stephenmeyerhardt; switzerland; tbills; tm; treasurybonds; undeclaredbonds; undeclaredusbonds; usbonds; ustreasurybonds
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To: SteveH
Good analysis. Seems crazy that they'd smuggle them to Switzerland with Singapore and Honk Kong so nearby. Nobody in Europe has that kind of liquidity except governments.
121 posted on 06/11/2009 12:06:09 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: All

http://www.google.com/language_tools?hl=en

#

http://www.ilgiornale.it/a.pic1?ID=356715&START=0&2col=

“Chiasso: “Niente da dichiarare” In valigia hanno 96 miliardi di euro”
di Luca Fazzo
(giovedì 11 giugno 2009)


122 posted on 06/11/2009 12:07:32 AM PDT by Cindy
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To: billmor

It could be that someone is trying to get out ahead of the Chinese. But... who has that kind of liquidity?


123 posted on 06/11/2009 12:08:11 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: Shady Ray
"The question now is who could or would counterfeit or smuggle these non-negotiable bonds."

Interesting. This smells to high heaven. I'll have to tune into Baghdad Bobbie Gibbs pressy.

124 posted on 06/11/2009 12:09:21 AM PDT by 506Lake
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To: April Lexington

“This us HUGE money”

Yes it is.......Did China just put in a buy order for the continent of Africa?


125 posted on 06/11/2009 12:09:47 AM PDT by Electric Graffiti (Yonder stands your orphan with his gun)
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To: SpaceBar

Sorry. I’m lost in the posts... Thanks!


126 posted on 06/11/2009 12:11:53 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: April Lexington

No prob. Cindy found the original article at post 122. I’m having problems with the google translator service though.


127 posted on 06/11/2009 12:13:57 AM PDT by SpaceBar
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To: Cindy

“If the American bond were good, by way of penalty for illegal export the Italian State could intascarsene 40 %. 38 billion euro more or less.”

From your link.....


128 posted on 06/11/2009 12:16:16 AM PDT by Electric Graffiti (Yonder stands your orphan with his gun)
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To: April Lexington

If Japan liquidates US Treasuries they do not want the USA to know. Therefore liquidate via Switzerland via a bond house not known for working with the Japanese


129 posted on 06/11/2009 12:18:22 AM PDT by dennisw (Weakness is a Crime! Don't be a Criminal - Bernarr MacFadden)
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To: Xenophon450
Any government could have easily walked them across the border in a diplomatic pouch. No need to sneak. This is private money and I think either the amount is way wrong or someone has just been caught looting a hedge fund. Nobody else has that kind of liquidity (except maybe a gulf state emirate). In any event, it will be a rather short list of suspects...
130 posted on 06/11/2009 12:19:11 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: 4rcane
Aren’t bonds like piece of paper

Like the green paper with MumboJumbo printed on it?

Yes intrinsic value of nada backed by blablah blablah government

Like this

http://www.csacurrency.com/csacur/csafake.htm

131 posted on 06/11/2009 12:19:14 AM PDT by ninonitti
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To: April Lexington

Tomorrow will tell!


132 posted on 06/11/2009 12:20:34 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: Big_Monkey; William McKinley; Shermy; Cindy
Japan Today is the same website the flaming left Truthout.org used to inject a bogus Capitol Hill Blue story into the international press some years ago that led to the whole "Niger yellowcake" and "Valerie Plame CIA leak" media orgies; in the process it gave the article more credibility once it came back home to roost and was picked up in the US media, by that time the source "T J Wilkinson" was missing from the articles.

This is interesting in many ways, one in that we just had the wacko supremacist guy cook off in the Holocaust museum...

By the way, one of the top al Qaeda terrorist financiers is a very old neonazi convert based in the Milan-Lugano area, IIRC.

If it's bogus I wonder if Japan Today is getting it from the same sources again?

This was then [note this was just after Joe Wilson's Niger uranium op ed, and around the time the FBI was tipped off about Ashar Karni's S African proliferation ring] :

JULY 9, 2003 : (CAPITOL HILL BLUE ARTICLE IS POSTED ON FR-- see T J WILKINSON )

JULY 9, 2003 3:08 : (TROLL POSTS CHB ARTICLE FROM JAPAN TODAY, INCLUDED LINK TO THE WHITE SUPREMACIST SITE STORMFRONT-- see T J WILKINSON ) Can I add something to the mix? At 3:08 today one of our returning trolls posted the article as it appeared on Japan Today. The user also was kind enough to include a link to Stormfront. The user has had many names here, and gets banned immediately because his ilk are not welcome here. For what it is worth. AM - 59 posted on 07/09/2003 8:01 PM PDT by Admin Moderator

Recall this thread on FR?
BREAKING: Conned big time "CIA Witness" to White House Lying about Intel story found to be FRAUD

and this one:

"Games People Play," 7/10/03 , William McKinley, Posted on 07/10/2003 3:39 PM PDT by William McKinley, Edited on 07/10/2003 5:27 PM PDT by Admin Moderator. [history]

Truthout's "executive director" was a guy by the name of Marc Ash. TruthOut.org, which is run by managing editor William (Red) Rivers Pitt, co-author of an anti-American screed along with Scott "Have It Your Way" Ritter [the UNSCOM weapons inspector with the taste for for Burger King.

John Kerry buddy Peter Daou is also associated with Truthout. So is the Jow Wilson support group of ex-CIA employees called VIPS.

Truthout is funded by (or affiliated with) a group called SEE (Social and Environmental Entrepreneurs)

Truthout was registered the day before the 9/11 attacks.

133 posted on 06/11/2009 12:24:17 AM PDT by piasa (Attitude adjustments offered here free of charge)
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To: Electric Graffiti

Yep, from the link in post no. 122:

SNIPPET - QUOTE:

“Se i bond americani fossero buoni, solo a titolo di sanzione per l’esportazione clandestina lo Stato italiano potrebbe intascarsene il 40 per cento. 38 miliardi, euro più o meno.”


134 posted on 06/11/2009 12:24:23 AM PDT by Cindy
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To: piasa

Thanks piasa.

Should I pull my posts?

I don’t want to fuel a false article — if it is indeed false.


135 posted on 06/11/2009 12:26:10 AM PDT by Cindy
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To: Cindy

I think you are ok...the Italian Finance Ministry has posted a press release saying the same thing.


136 posted on 06/11/2009 12:28:29 AM PDT by Shady Ray
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To: Shady Ray

Can you give me a link to the press release Shady Ray?


137 posted on 06/11/2009 12:30:39 AM PDT by Cindy
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To: April Lexington
[This us HUGE money.]

Yeah. One of the story links someone posted said this denomination is issued strictly for sovereign states.

138 posted on 06/11/2009 12:31:34 AM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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To: April Lexington

Hard to think you can get away with counterfeiting something worth $134 billion dollars. But who knows.

Maybe some criminal deal where the price paid is 20 cents on the dollar, and the purchaser has contacts who can wash them through the banking system. But if they are real, then they probably came from one of 3 or 4 governments.

Whether they’re real or fake it will likely help undermine faith in paper currency either way. If those quantities of money are being illegitimately moved, it doesn’t engender faith in the existing system.


139 posted on 06/11/2009 12:34:49 AM PDT by 506Lake
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To: Cindy
Oh, shoot...sorry about that!!

http://www.gdf.it/gdf__informa/notizie_stampa/adnkronos/adnkronos_2009/adnkronos_giugno_2009/info-1518911049.html

140 posted on 06/11/2009 12:36:11 AM PDT by Shady Ray
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