Isn't there a big Treasury bond auction tomorrow that is widely expected to be a fiasco? I wonder if someone was thinking of trying to start a panic by dumping these bonds on the market the same day.
An act of economic warfare may have been averted.
But, why sneak them into Switzerland. Bonds go there to hide, not lose value. I seriously doubt Switzerland will allow someone to create global panic after the tax issue and the Swiss banks issues. No. I think a huge hedge fund manager just Madoff (sp?) with some loot. Or, this whole story is wrong.