Thursday, June 18, 2009

International intrigue at its finest

This story broke last week. A couple of alleged Japanese nationals caught with $134B in US Bearer Bonds. As a measure of the enormity of this figure, think about the top holders of US debt, only four have more than the seized amount (China [$763.5B], Japan [$685.9B], UK [$152.8B], and Russia [$137.0B]).

JS Kim at Seekingalpha.com gave a review of some of the "facts" and the illogical and inconsistent nature of some of these ~~ facts.

Strange Inconsistencies in the $134.5 Billion Bearer Bond Mystery

The Business Insider has stated that from a Japanese news source, the alleged fraudsters have been released?

Japanese TV Discovers The Case Of The $134.5 Billion In Seized Bonds (CLIP)

Is this a government operation? Is this akin to the Nazi's printing GBP in 1945? Then there's the date of the bonds, 1934? An obvious error by amateur counterfeiting? Remember, this is $134Billion - $134,000Million.

Pretty soon Bond, James Bond , will erupt from a hidden liar in an Aston Martin One-77 (One-77), and the international intrigue will continue. Let's hope there's some good visual effects!

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