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Billions in bearer bonds could be lost due to Hurricane Sandy

 
gebahie

User ID: 10118097
United States
11/18/2012 10:19 PM

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Billions in bearer bonds could be lost due to Hurricane Sandy
It’s the biggest mystery on Wall Street.

Hurricane Sandy floodwaters inundated a 10,000-square-foot underground vault downtown, soaking 1.3 million bond and stock certificates — including bearer bonds that function like cash — and putting them in danger of turning to mush.

A contractor working for the vault owner, the Depository Trust and Clearing Corp., is feverishly working to restore the paper.


[link to www.nypost.com]

Last Edited by gebahie on 11/18/2012 10:20 PM
Anonymous Coward
User ID: 16389604
United States
11/18/2012 10:23 PM
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Re: Billions in bearer bonds could be lost due to Hurricane Sandy
Bank HOLIDAY coming .... As they celebrate all the money they DON'T have to pay out to the sheeple who trusted in pieces of PAPER !
Anonymous Coward
User ID: 28008579
Australia
11/18/2012 10:27 PM
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Re: Billions in bearer bonds could be lost due to Hurricane Sandy
It’s the biggest mystery on Wall Street.

Hurricane Sandy floodwaters inundated a 10,000-square-foot underground vault downtown, soaking 1.3 million bond and stock certificates — including bearer bonds that function like cash — and putting them in danger of turning to mush.

A contractor working for the vault owner, the Depository Trust and Clearing Corp., is feverishly working to restore the paper.


[link to www.nypost.com]
 Quoting: gebahie


THEY HAVE SOME SORT OF RORT GOING ON NOW, BELIEVE ME,THESE CRIMINAL BASTARDS ARE NOT STUPID,MUNGRELS THEY ARE.
Anonymous Coward
User ID: 1072087
United States
11/18/2012 10:28 PM
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Re: Billions in bearer bonds could be lost due to Hurricane Sandy
Bearer Bonds are Illegal in U.S.A.
Anonymous Coward
User ID: 27999563
United States
11/19/2012 07:05 PM
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Re: Billions in bearer bonds could be lost due to Hurricane Sandy
Got an update on this?

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