From: jim bell <jimbell@pacifier.com>
Date: Sat, 20 Apr 1996 12:57:51 +0800
To: cypherpunks@toad.com
Subject: Re:
Message-ID: <m0uAR5B-0008z7C@pacifier.com>
MIME-Version: 1.0
Content-Type: text/plain


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