Around 20 years ago, 60 Minute did a whole story about how easy it would be to forge stocks and bonds. All it takes is a master engraver and the right paper.
From Bloomberg:
“The seized notes include 249 securities with a face value of $500 million each and 10 additional bonds with a value of more than $1 billion, the police force said on its Web site. Such high denominations would not have existed in 1934, the purported issue date of the notes, Mecarelli said. Moreover, the “Kennedy” classification of the bonds doesn’t appear to exist, he said.
Both Free Republic and AIPNEWS reported on this story days ago.
I do know the Business Insider Blog is full of vile liars and government dependents. My gosh what filthy perverts.
The quote from Treasury sounded exactly like all the quotes from Janet Reno.
Oh, sorry, it’s under investigation we can’t discuss this.
This story is incredible and I doubt that the bonds are fake, the denomination (500M) is way too large.
Weisenthal wrote this TODAY and says the bonds are “probably” fake ????? Maybe when this story first broke, there wasn’t info about the bonds to state firmly that they’re fake, but there has been for several days now.
Real or Fake, I’ll bet Geithner will say fake. He thus saves $134 Billion. However, if those bonds are claimed by a Muslim nation, they’ll be real, whether they are real or not.
Gee, if they are real, the US may be asked by Italy (who can claim one third of the bonds as the bonds were not declared to Italian authorities as they passed thru their borders) for their one third, and, if the bonds progress to Switzerland, payment may still be required by the US. They are bearer bonds. Since the Germans have demanded all their gold bullion in the US be repatriated to Germany by October, this might prove an unwelcome stress by October.