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To: Xenophon450
Bonds usually exist in electronic form. Very few real good old fashioned paper bonds floating around. Bearer bonds are long gone and normal bonds have serial numbers, etc. Especially in that quantity. Maybe forgeries. Maybe a last ditch effort for some incredibly wealthy person to sprint to Switzerland. This is either kooky or scary!
20 posted on 06/10/2009 10:56:37 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: April Lexington

Exactly, why even bother if the convenience exists. I have hardly ever heard of someone traveling with physical certificates, perhaps it happens more than I believe, but I suspect not. When I bought bonds it was a strictly digital affair, of course I never owned 135+ billion in bonds, maybe they get special decoder rings after the first billion ;-P.


30 posted on 06/10/2009 11:02:21 PM PDT by Xenophon450
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To: April Lexington

There is something kinda fishy / sushi about this truckload of bonds. Either real stupid or extremely stupid case.


193 posted on 06/11/2009 6:38:48 AM PDT by Broker (Reward: $100.00 for the lost book of Islamic Praise Songs.)
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To: April Lexington

Years ago when common stock certificates were still printed and sent by your broker to you if you wanted them, but mostly just sat.

Anyways, a mob company had the cartage contract for Wall Street and some wiseguys took briefcases of GM shares to Europe and borrowed against them and disappeared.


195 posted on 06/11/2009 7:03:21 AM PDT by Leisler ("It is terrible to contemplate how few politicians are hanged."~G.K. Chesterton)
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