At 02:57 PM 4/19/96 -0700, anonymous-remailer@shell.portal.com wrote:
Black Unicorn wrote:
Clever kidnappers make arrangement in advance to deposit this cash with willing financial institutions who will hold it for several years before mixing it into their cash withdrawl stream. Kidnappers are paid based on a subtraction of interest for the period while the cash is undeposited and earns no interest for the financial institution, plus a fee.
BCCI was quite notorious for using this method to cool off hot money.
When the money was only mildly hot, it was simply physically transported to offshore banks in smaller lots and used for their cash payouts. (While riskier, this allowed the payment of interest).
The other option was simply to launder the money through enough agitations so that two or three banking secrecy entities were between the return of the currency to free circulation and the kidnappers.
christ.
who the hell is this guy?
He's a person whose entire income stream (or most of it, probably) is derived from the misbehavior of government. Jim Bell jimbell@pacifier.com
On Fri, 19 Apr 1996, jim bell wrote:
christ.
who the hell is this guy? [unicorn]
He's a person whose entire income stream (or most of it, probably) is derived from the misbehavior of government.
Most of my income comes from investments and venture capital. I circumvent government only as a hobby.
Jim Bell jimbell@pacifier.com
--- My preferred and soon to be permanent e-mail address:unicorn@schloss.li "In fact, had Bancroft not existed, potestas scientiae in usu est Franklin might have had to invent him." in nihilum nil posse reverti 00B9289C28DC0E55 E16D5378B81E1C96 - Finger for Current Key Information Opp. Counsel: For all your expert testimony needs: jimbell@pacifier.com
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Black Unicorn -
jim bell