ineffabelle: (banksta)
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The Saga Of The Bearer Bonds

"You're not going to walk into a bank with $130 billion in bearer bonds and cash them.  Nor are you going to sell a bond with a $500 million face value to someone without them authenticating it.  They will be authenticated before you get one dime out of them - no matter who you think you're going to "give" them to. "

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Date: 2009-06-18 01:47 am (UTC)
From: [identity profile] lassiter.livejournal.com

The story certainly is conspicuous in its absence. Whether real or fake, I would think there is a story here, but even the mainstream US business press hasn't covered it much at all.

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