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For the Global Thinker

Wednesday, June 24, 2009

The $134 BILLION Bond Fiasco


Well if you want the 'hyped' version of this story read this link...
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a62_boqkurbI

One theory...is that the bonds were manufactured in N. Korea and used to buy weapons...
http://english.chosun.com/site/data/html_dir/2009/06/24/2009062400686.html

"U.S. says $134B bonds seized in Italy are 'clearly fake' ".....Says another article....

http://www.ibtimes.com/articles/20090618/usays-134b-bonds-seized-italy-are-lsquo-clearly-fake-lsquo.htm

But my guess is that these are fakes....just like the ones found in the Philippines in 2001....
http://news.bbc.co.uk/2/hi/asia-pacific/1180171.stm

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