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nolongerexists · 06-14-2009, 04:44 AM

Dunno if this has been posted already and US media avoid this story like a fire.

Italy’s financial police (Guardia italiana di Finanza) has seized US bonds worth US 134.5 billion from two Japanese nationals at Chiasso (40 km from Milan) on the border between Italy and Switzerland. They include 249 US Federal Reserve bonds worth US$ 500 million each, plus ten Kennedy bonds and other US government securities worth a billion dollar each.

http://www.marketskeptics.com/2009/0...ury-bonds.html

06-14-2009, 04:44 AM
nolongerexists Confirmed User Industry Role: Join Date: Apr 2003 Posts: 1,096	Italy Seizes $135 BILLION Treasury Bonds Dunno if this has been posted already and US media avoid this story like a fire. Italy’s financial police (Guardia italiana di Finanza) has seized US bonds worth US 134.5 billion from two Japanese nationals at Chiasso (40 km from Milan) on the border between Italy and Switzerland. They include 249 US Federal Reserve bonds worth US$ 500 million each, plus ten Kennedy bonds and other US government securities worth a billion dollar each. http://www.marketskeptics.com/2009/0...ury-bonds.html __________________ work smart not hard ;)