There are some interesting things happening out in the world! The implications of a suitcase carrying this much value are staggering.
Besides, I want it! Plllleaaasssee? Just let me have it?
http://www.bloomberg.com/apps/news?pid=20601039&sid=a62_boqkurbI
Two Japanese men are detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland. Details are maddeningly sketchy, so naturally the global rumor mill is kicking into high gear.Are these would-be smugglers agents of Kim Jong Il stashing North Korea's cash in a Swiss vault? Bagmen for Nigerian Internet scammers? Was the money meant for terrorists looking to buy nuclear warheads? Is Japan dumping its dollars secretly? Are the bonds real or counterfeit?
The implications of the securities being legitimate would be bigger than investors may realize. At a minimum, it would suggest that the U.S. risks losing control over its monetary supply on a massive scale.
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