2 Japanese carrying $134 bil worth of U.S. bonds detained in

Started by CrackSmokeRepublican, June 11, 2009, 12:12:35 AM

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CrackSmokeRepublican

2 Japanese carrying $134 bil worth of U.S. bonds detained in Italy

 :lol:  ( Got to love the Japanese way of things. They probably just had to stop off at the brokerage after a long night.)

Thursday 11th June, 06:18 AM JST

ROME —

Two Japanese nationals were detained by Italian financial police last week after trying to enter Switzerland with $134 billion worth of undeclared U.S. bonds, mostly Treasury bonds, an Italian daily said Wednesday. The Japanese consulate general in Milan confirmed that the detention had taken place and said it was trying to confirm with Italian authorities whether the two were indeed Japanese nationals and their identities.

According to the report in il Giornale, two unidentified Japanese in their 50s concealed the bonds, including 249 U.S. Treasury bonds each worth $500 million, in a suitcase with a false bottom that was searched by the Italian authorities June 3 when they were in Chiasso, at the border with Switzerland, about 50 kilometers north of Milan. The daily did not say on what charges they have been detained, but the two may have been detained on suspicion of attempting to take a large amount of securities out of Italy without declaring it because the paper said they had not declared the bonds.

http://www.japantoday.com/category/crim ... d-in-italy
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan

Anonymous

The Japanese government sent them to cash them at the Bank of International Settlements.
If you don't think so then....JUST EXACTLY WHO ELSE WOULD HANDLE A TRANSACTION OF THAT AMOUNT???
GIMME A NAME!!