Who buys billion-dollar bearer bonds?

Here’s a story that strikes me as bizarre. I kept looking at the URL, wondering if I’d ended up at the ONION.

The journalist hedged his bets with “allegedly” fake, I guess to protect himself in case the bonds are valid, FDR having thrown himself one heckuva party at the height of the great Depression. :smiley:

Yea, I saw the same thing, and it didn’t make a lot of sense. How exactly did they think this would work? Did anyone perform any endgame planning? I can imagine couple of Nigerians walking up to a counter:

Teller: How may I help you today, sir?

Nigerians: Uh, yea. We have a couple of US bonds that we would like to cash out.

Teller: Ok sir, what kind of bonds do you have and how many are there?

Nigerians: Yea, um. internal huddle to discuss Uh, yea, we have 100 bonds, they are one billion dollars each! wears large smile

Teller: blink blink

(Teller pushes red button under counter).

$6 Trillion dollars? Really? Did you think no one would notice? Did someone get just a BIT too greedy with their new fake bond printing machine?

Obviously Dr. Evil is behind this scam.

Roger Van Zandt.

…I’m talking to an empty telephone. Because there’s a dead man on the other end of this fucking line.

You could use it as in Mark Twain’s story The Million Pound Bank Note

Scene: A very expensive store.
CUSTOMER: How much is the jewelry all together?
SALESPERSON: They would be just $3 million, sir.
CUSTOMER: Sorry, I don’t have any cash on me, and I left my Amex card in my other suit. Could you change this? [offering bearer bond]
SALESPERSON: I don’t think we have $997 million in our cash register right now. Perhaps sir could open a credit account with us. All our best customers have one.

Also, sometimes I get frustrated at the signal to noise ratio on the Dope. Then I read things like the comment posts for that story to remind myself that the rest of the internet is a horrible, horrible place.

My favorite comment from the article is this:

Of course! The counterfeit billions for plutonium scheme is just a cover story hiding the real crime - buying gold at a reasonable price. I knew Glen Beck was behind this!

A bear with a billion dollars.

I’m just trying to imagine going into my local Credit Union and trying to get them to deal with a Billion Dollar Bearer Bond.

Heh Heh Heh Heh! Good Times!

“Who buys billion-dollar bearer bonds?”

Guys with billion-dollar bills.
There must be a comedy somewhere along these lines.

Yogi Berra supposedly received a check from Jack Buck made out to Bearer.

“How long have you known me, Jack? And you still don’t know how to spell my name.”

Sometimes I think these things are done without any real appreciation for the value of a dollar. They’re done in countries where a loaf of bread costs 10,000 Ungadins and a car is in the trillions.

I don’t know how familiar any of you are/were with an online game called Evony, but I had heard enough bad things about it that I had to look in on it. Like most online games, you can purchase in-game money and goods with real money. They had purchase options up to around $10,000 American dollars in the store. It’s possible, but I just can’t imagine that being offered by someone actually knowledgeable in currency values.

Italy?

No no no … it starts with a simple email:
Good day, Dear Hermitian;

My name is MrDr. Rhythm Dvl. With warm heart I offer my friendship, and my greetings,and I hope this letter meets you in good time. It will be surprising for you to receive this proposal from me since you do not know me personally. However, your name came to me through a close acquaintance of both of ours who said you were most trustworthy and deserving. I am sincerely seeking your confidence in a transaction,which I, propose with my free mind and as a person of integrity…