# Oh no, not again

You may recall the story from last June about the two Japanese nationals who were stopped at the Swiss/Italian border and had an apparent $134 billion in bearer bonds in a suitcase. Well, here we go again The U.S. Secret Service is examining more than$100 billion of U.S. government bonds confiscated in northern Italy in August, just two months after $134 billion of allegedly fake securities were seized in a nearby town. The Secret Service is analyzing whether the bonds taken in August may be counterfeit, said a spokeswoman for the U.S. embassy in Rome. Strange. 1½ months later, and they are still “analyzing” whether the bonds “may be” counterfeit? According to Wikipedia (citing the U.S. Treasury), the total amount of outstanding U.S. bearer bonds is around$100 million. So they pretty much have to be counterfeit… right?

Back to Bloomberg:

Italian authorities seized U.S. treasuries on June 4 with a face value of more than \$134 billion from two Japanese travelers attempting to cross into Switzerland. The two men later disappeared and the case is still under investigation.

The two men later what?

Am I the only one who finds almost every detail of these stories completely bizarre?

### 1 comment to Oh no, not again

• doug

no. somehow if it could be tied to the Arctic Sea thing, what a movie….