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The good news: Italian police have seized about $6T in fake U.S. Treasury bonds in Switzerland....

The good news: Italian police have seized about $6T in fake U.S. Treasury bonds in Switzerland. The bad news: They were on their way to the ECB to be used as collateral in the February 29 LTRO (a little lunchtime humor).
Comments (13)
  • davidshelton
    , contributor
    Comments (323) | Send Message
     
    Ha! The Irony..... Put this in the "you can't make this stuff up" category. Can't wait to hear who it was behind this!
    17 Feb 2012, 01:19 PM Reply Like
  • WMARKW
    , contributor
    Comments (10678) | Send Message
     
    It was a money laundering scheme to refund the investors in MF Global to keep Corzine out of prison. And people debunk the idea of conspiracy theories.
    17 Feb 2012, 03:31 PM Reply Like
  • 00Billy
    , contributor
    Comments (113) | Send Message
     
    Only 4% of Global GDP... a blip. A mafia QE 1 ?
    17 Feb 2012, 01:27 PM Reply Like
  • WMARKW
    , contributor
    Comments (10678) | Send Message
     
    Hey, "Go Big or Go Home".....right?
    17 Feb 2012, 03:32 PM Reply Like
  • neobliviscar
    , contributor
    Comments (182) | Send Message
     
    If true, that is LOL worthy. Straight off the presses from the Middle Kingdom's black ops dept of Economic Warfare?

     

    I know it sounds like tin-foil hat conspiracy, but "I'm just saying..."
    17 Feb 2012, 01:30 PM Reply Like
  • WMARKW
    , contributor
    Comments (10678) | Send Message
     
    Next you'll have the Treasury putting in tons of new counterfeiting barriers like "watermarks", etc.
    17 Feb 2012, 03:33 PM Reply Like
  • mike mohr
    , contributor
    Comments (452) | Send Message
     
    It wouldn't surprise me if we find out Corzine and Goldman were behind this. Of course we will never hear the truth behind this one neither.
    17 Feb 2012, 01:33 PM Reply Like
  • Canary Cash
    , contributor
    Comments (471) | Send Message
     
    Honestly now, what's the difference between some CB printing this money and putting it in a bank or some crook printing it and putting it in some bank...none
    17 Feb 2012, 01:33 PM Reply Like
  • WMARKW
    , contributor
    Comments (10678) | Send Message
     
    One and the same. Except the crook will get money into the economy much faster and boost GDP much faster than Obama or any government could. There is no crony leakage with a crook.
    17 Feb 2012, 03:33 PM Reply Like
  • mogando
    , contributor
    Comments (313) | Send Message
     
    fake bonds .... i didn't know any paper backed by EFSF or Greece is real either
    17 Feb 2012, 01:41 PM Reply Like
  • WMARKW
    , contributor
    Comments (10678) | Send Message
     
    Man, all I can say is there is more truth in this one bunch of comments than you have in the MSM any single night of the week.
    17 Feb 2012, 03:35 PM Reply Like
  • sr1977
    , contributor
    Comments (342) | Send Message
     
    Inquiring minds want to know why they chose to counterfeit 1934 "Treaty of Versailles" vintage bonds or were these actually counterfeited in 1934?. And why counterfeit the strong box they were stored in too?

     

    Like a lot of financial news lately, this one don't smell right either...
    17 Feb 2012, 05:19 PM Reply Like
  • User 462216
    , contributor
    Comments (95) | Send Message
     
    Jamie Diamond says he will pay the 233 mil fine but will neither admit or deny any wrong doing....Film at 11pm.
    18 Feb 2012, 05:26 AM Reply Like
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