News of the Weird: June 10, 2009 - Eric Janszen

[Tybee Island]

Re: News of the Weird: June 10, 2009 - Eric Janszen

Thank you for the verification. This is getting very interesting. Why isn't the American news media picking this up?

[Tybee Island]

Re: News of the Weird: June 10, 2009 - Eric Janszen

Heard from my contact inside Bloomberg this morning. A story is forthcoming on the mystery of the $134.5 Billion in US bonds found in Chiasso, Italy from a reporter they have in Milan....stay tuned.

[Slimprofits]

Re: News of the Weird: June 10, 2009 - Eric Janszen

Thank you for the verification. This is getting very interesting. Why isn't the American news media picking this up?

It's obvious that there is a freeze on. We see this every once in a while, where a story involving people from our country gets coverage elsewhere but NONE, ZERO from the Associated Press, the WaPo Co., the NYT. Co., News Corp., Tribune Corp, G.E., Disney, Viacom, etc.

I would love to really know how this works. What does your friend from bloomberg say? If a reporter hears about a story that is seemingly important but getting zero coverage, do they approach an editor and get shot down?

[cobben]

Re: News of the Weird: June 10, 2009 - Eric Janszen

An interesting thought from Denninger (yes, he does have a few), believable if one believes CA Fitts' allegations of wholesale counterfeiting of MBS.

In some other thread I joked about how the US would defacto default on it's debt by requiring verification of the paper trail on each bond, a process that could stretch out over years if not decades, a no recourse situation for the holders during which of couse no interest would be paid. Treasury to bond holders: "Don't call us, we'll call you."


http://market-ticker.denninger.net/a...rer-Bonds.html

" . . .
So what remains? Let's run a theory here - one of the few possible remaining options, given the exclusion of what we know not to be true...
Are we willing to assume that all the "issue" of Treasury bonds has been done "above board" as required by law. If Treasury has been surreptitiously issuing bonds to, say, Japan, as a means of financing deficits that someone didn't want reported over the last, oh, say 10 or 20 years, then the following is about to occur:

Who could have possibly been complicit in such a scheme? I can come up with only two nations (and only nations could be involved due to size): The Japanese and Chinese. Since the two individuals who were arrested were reported to be Japanese nationals......"

[grandcru]

Re: News of the Weird: June 10, 2009 - Eric Janszen

yes the german `handelsblatt`(similar to WSJ) quotes from their sources that the bonds are real beside the kennedy bonds are fake.

greetings from germany

http://http://www.berlinonline.de/berliner-zeitung/archiv/.bin/dump.fcgi/2009/0616/seite1/0129/index.html

today there is an article in berlins biggest newspaper.

summary: *two japanese were arrested - now released
*italien police says bonds are 99 % real because the
bank registration which was also found is real
* these bonds are only meant for CB`s
* the newspaper assumes that the 134 billion in bonds is in
connection with timmy`s 134 billion reserve
*yesterdays meeting of pm berlusconi and obama is also
in connection with the bonds
* sec is now checking the authenticity
* american intelligence agency is also investigating in italy

greetings from germany

[Tybee Island]

Re: News of the Weird: June 10, 2009 - Eric Janszen

The link didn't work for me, could you check it again.

This is really amazing news. The bonds are real opens issues that the US can't easily dismiss.

If only intended for Central Banks, to whom were the original bonds issued?

Were they off the books and unknown to the public until now?

This story isn't going away, and the fact that not one US News source is running with it makes it all the more believable that they are real!

Rahm has cut the tongue out of every news source in the country.

[grandcru]

Re: News of the Weird: June 10, 2009 - Eric Janszen

The link didn't work for me, could you check it again.

.

i`ve tried to correct the link - for case it doesn`t work i copied the text from the website below

greetings

http://www.berlinonline.de/berliner-...16/seite1/0129

Archiv » 2009 » 16. Juni » Seite 1
Textarchiv

Das Milliardending

An der Schweizer Grenze fliegen zwei Schmuggler auf. Sie führen rätselhafte US-Staatspapiere mit sich

Julius Müller-Meiningen

Ruhig fährt der Zug von Mailand in Richtung Schweizer Grenze. Dorthin in dieses kleine Reich, wo die Reichen mit Motorbooten über Seen jagen und die Banken nie Geheimnisse ausplaudern. Ein paar Pendler sitzen im Zug, daneben zwei Japaner. Bevor es über die Grenze geht, steigen zwei Zollfahnder zu. Die beiden Männer sind auffällig. Und bald fliegt ein seltsamer Deal auf: Unter dem doppelten Boden eines Koffers stellen die Zollbeamten Staatsanleihen mit einem Wert von 134,5 Milliarden Dollar - 96 Milliarden Euro - sicher.
Die beiden Männer werden festgenommen. Doch Fragen bleiben. Wenn es sich bei den Anleihen nicht um Fälschungen handelt, wäre es einer der größten Fälle von Wertpapier-Schmuggel der Geschichte. Zumindest ein Teil der Anleihen, 249 Staatsobligationen der US-Notenbank Fed, jede mit einem Wert von 500 Millionen Dollar, wirken authentisch. Im Koffer befindet sich laut Polizei auch ein Bank-Register, in dem die Wertpapiere aufgelistet sind.
Von Kennedy-Bonds sprechen die Ermittler, weil die Papiere das Bild des früheren US-Präsidenten tragen. Doch dass die Anleihen echt sind,, daran zweifeln die Experten. Der Wert der Papiere ist unvorstellbar groß - selbst in staatsausgabefreudigen Krisenzeiten. Eigentlich handeln nur Staatsbanken mit solchen Anleihen.
Und so wird in Italien derzeit gerätselt. Flog im beschaulichen Chiasso etwa ein Schwindel von weltweitem Ausmaß auf? 134,5 Milliarden Dollar, das ist exakt die Summe, die das US-Finanzministerium im April noch als Reserve aus dem Finanzrettungspaket zurückgehalten haben soll. Der US-Geheimdienst ist inzwischen eingeschaltet, die beiden Japaner auf freiem Fuß. Das verführt zu Spekulationen. Zufällig weilte gestern Italiens Premier Silvio Berlusconi bei US-Präsident Barack Obama. Offiziell ging es um Afghanistan. Doch lässt die US-Börsenaufsicht die Echtheit der Zertifikate prüfen, das Ergebnis soll in wenigen Tagen vorliegen. Nur einer kann sich trotz aller Ungereimheiten freuen. Italiens Finanzminister: Sollten die Titel authentisch sein, beträgt die Strafe 40 Prozent der geschmuggelten Summe. Das wären 38 Milliarden Euro.

[Chomsky]

Re: News of the Weird: June 10, 2009 - Eric Janszen

i`ve tried to correct the link - for case it doesn`t work i copied the text from the website below

greetings

http://www.berlinonline.de/berliner-...16/seite1/0129

Archiv » 2009 » 16. Juni » Seite 1
Textarchiv

Das Milliardending

An der Schweizer Grenze fliegen zwei Schmuggler auf. Sie führen rätselhafte US-Staatspapiere mit sich

Julius Müller-Meiningen

Ruhig fährt der Zug von Mailand in Richtung Schweizer Grenze. Dorthin in dieses kleine Reich, wo die Reichen mit Motorbooten über Seen jagen und die Banken nie Geheimnisse ausplaudern. Ein paar Pendler sitzen im Zug, daneben zwei Japaner. Bevor es über die Grenze geht, steigen zwei Zollfahnder zu. Die beiden Männer sind auffällig. Und bald fliegt ein seltsamer Deal auf: Unter dem doppelten Boden eines Koffers stellen die Zollbeamten Staatsanleihen mit einem Wert von 134,5 Milliarden Dollar - 96 Milliarden Euro - sicher.
Die beiden Männer werden festgenommen. Doch Fragen bleiben. Wenn es sich bei den Anleihen nicht um Fälschungen handelt, wäre es einer der größten Fälle von Wertpapier-Schmuggel der Geschichte. Zumindest ein Teil der Anleihen, 249 Staatsobligationen der US-Notenbank Fed, jede mit einem Wert von 500 Millionen Dollar, wirken authentisch. Im Koffer befindet sich laut Polizei auch ein Bank-Register, in dem die Wertpapiere aufgelistet sind.
Von Kennedy-Bonds sprechen die Ermittler, weil die Papiere das Bild des früheren US-Präsidenten tragen. Doch dass die Anleihen echt sind,, daran zweifeln die Experten. Der Wert der Papiere ist unvorstellbar groß - selbst in staatsausgabefreudigen Krisenzeiten. Eigentlich handeln nur Staatsbanken mit solchen Anleihen.
Und so wird in Italien derzeit gerätselt. Flog im beschaulichen Chiasso etwa ein Schwindel von weltweitem Ausmaß auf? 134,5 Milliarden Dollar, das ist exakt die Summe, die das US-Finanzministerium im April noch als Reserve aus dem Finanzrettungspaket zurückgehalten haben soll. Der US-Geheimdienst ist inzwischen eingeschaltet, die beiden Japaner auf freiem Fuß. Das verführt zu Spekulationen. Zufällig weilte gestern Italiens Premier Silvio Berlusconi bei US-Präsident Barack Obama. Offiziell ging es um Afghanistan. Doch lässt die US-Börsenaufsicht die Echtheit der Zertifikate prüfen, das Ergebnis soll in wenigen Tagen vorliegen. Nur einer kann sich trotz aller Ungereimheiten freuen. Italiens Finanzminister: Sollten die Titel authentisch sein, beträgt die Strafe 40 Prozent der geschmuggelten Summe. Das wären 38 Milliarden Euro.

Not sure what you're doing wrong with the links, but here's one that works:

http://www.berlinonline.de/berliner-...129/index.html

[Slimprofits]

Re: News of the Weird: June 10, 2009 - Eric Janszen

The Times (UK)

http://www.timesonline.co.uk/tol/new...cle6507161.ece

June 16, 2009
Japanese pair arrested in Italy with US bonds worth $134 billion
Richard Owen in Rome

Italian prosecutors were trying to establish yesterday whether US bonds with a face value of $134 billion seized from two alleged smugglers were real or counterfeit.

The bonds were found when the two men — said to be Japanese but as yet not identified — were arrested while attempting to cross into Switzerland from Italy by train at the frontier town of Chiasso this month. Prosecutors in Como said that the two men had hidden the bonds in the false bottom of a suitcase.

Police said that Chiasso was a notorious crossing point for currency and bond smugglers but the sums involved this time were “colossal”. The amount of $134 billion would place the two travellers as the fourth most important investors in US debt, well ahead of Britain ($128.2 billion) and just behind Russia ($138.4 billion).

The bonds were described as being 249 US Federal Reserve bonds each worth $500 million, plus ten Kennedy bonds with face values of $1 billion, in addition to various other types. Police said that the two men had stayed at a hotel in Milan last Tuesday. Instead of taking the express train to Lugano, they had boarded a slow commuter train from a suburban station to attract less attention.

[Slimprofits]

Re: News of the Weird: June 10, 2009 - Eric Janszen

http://www.bloomberg.com/apps/news?p...d=afJXAA1ahZyo

Italian Police Ask SEC to Authenticate Seized U.S. Treasuries

By Sonia Sirletti and John Glover

June 12 (Bloomberg) -- Italy’s financial police said they asked the U.S. Securities and Exchange Commission to authenticate U.S. government bonds found in the false bottom of a suitcase carried by two Japanese travelers attempting to cross into Switzerland.

The bonds, with a face value of more than $134 billion, are probably forgeries, Colonel Rodolfo Mecarelli of the Guardia di Finanza in Como, Italy, said today. If the notes are genuine, the pair would be the U.S. government’s fourth-biggest creditor, ahead of the U.K. with $128 billion of U.S. debt and just behind Russia, which is owed $138 billion.

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.

http://www.bloomberg.com/apps/news?p...d=ayy1QKcwcGN0

Japan Probes Report Two Seized With Undeclared Bonds (Update2)

By Shunichi Ozasa and Makiko Kitamura

June 12 (Bloomberg) -- Japan is investigating reports two of its citizens were detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland.

“Italian authorities are in the midst of the investigation, and haven’t yet confirmed the details, including whether they are Japanese citizens or not,” Takeshi Akamatsu, a spokesman for the Ministry of Foreign Affairs, said by telephone today in Tokyo. “Our consulate in Milan is continuing efforts to confirm the reports.”

An official at the Consulate General of Japan in Milan, who only gave his name as Ikeda, said it still hasn’t been confirmed that the individuals are Japanese. “We are in contact with the Italian Financial Police and the Italian Public Prosecutor’s Office,” Ikeda said by phone today.

the International Business Times (UK):

http://www.ibtimes.co.uk/articles/20...rrests_all.htm

[LargoWinch]

Re: News of the Weird: June 10, 2009 - Eric Janszen

Here is the news on Japanese television, but my Japanese is too rusty/basic for that...ASH do you understand anything?

[LargoWinch]

Re: News of the Weird: June 10, 2009 - Eric Janszen

...oh I almost forgot; MSM is only now catching up to iTulip, a full five days later

Runtime: 4min.

[Chris Coles]

Re: News of the Weird: June 10, 2009 - Eric Janszen

Having given this much thought I have come to the conclusion that this is an exercise, stemming from the heart of the US Treasury, designed to buy $134.5 billion of Gold by the back door that has gone disastrously wrong. They had the money in hand with no where to place it and with the likelihood that if inflation takes off the value will go South. The sum is way too much to place by conventional means without drawing attention to what they were doing so they had some "operatives" set off to carry the bonds into Switzerland to do the trade by the back door.

I give Geitner another week before he resigns.

[cjppjc]

Re: News of the Weird: June 10, 2009 - Eric Janszen

...oh I almost forgot; MSM is only now catching up to iTulip, a full five days later

Runtime: 4min.

5 days later is record time for the MSM.

[ASH]

Re: News of the Weird: June 10, 2009 - Eric Janszen

Here is the news on Japanese television, but my Japanese is too rusty/basic for that...ASH do you understand anything?

Alas, I have basic sentence structure but a tiny tiny vocabulary, so I'm no help. Immersion probably would have worked -- I was just paid a visit by a friend who only speaks to his 3-year-old daughter in Hebrew, and she is clearly bilingual -- but my mother took a more "classroom" style approach when I was older, which didn't do the trick.

She does read the Japanese papers online, so perhaps I should ask her what they're saying.