THEY’RE BAAACK: OF BEARER BONDS, HURRICANES, AND SHADOW BANKING: PART TWO

Yesterday, you’ll recall, I pointed out the inconvenient resemblance of the New York Post’s picture of a one hundred million dollar Federal Reserve bearer bond, and that associated with the Filipino Bearer Bond Scandal, and the inconvenient questions it raised (and let’s be honest here… you all thought of these questions too): Were the soggified [...]