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Readings for the Day - Is this the death of the dollar?

Posted on June 23, 2009 at 12:30 in Forex, US Economy by Francesc

Some readings for the day:

Is this the death of the dollar?
The Telegraph
Border guards in Chiasso see plenty of smugglers and plenty of false-bottomed suitcases, but no one in the town, which straddles the Italian-Swiss frontier, had ever seen anything like this. Trussed up in front of the police in the train station were two Japanese men, and beside them a suitcase with a booty unlike any other. Concealed at the bottom of the bag were some rather incredible sheets of paper. The documents were apparently dollar-denominated US government bonds with a face value of a staggering $134bn (£81bn).
Full Story

Other Stories:
Goldman to make record bonus payout - The Guardian
TARP Banks Stop Paying The Government Its Dividend - The Business Insider
No Credit for TARP Banks - New York Post

Tags: Dollar, Goldman Sachs, Is this the death of the dollar?, TARP Banks, USD

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