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New bearer bonds were outlawed forty years ago is why.
by mminer237 4y ago
New bearer bonds were outlawed forty years ago is why.
- closewith 4y agoThe world extends beyond the US. The Panama Papers showed that bearer bonds were alive and well all the way until the mid-2010s, and Panama itself only phased them out in 2015.
- notch656a 4y agoWhich is why I think it's absurd to think it's a coincidence that the rise of crypto happened at the exact same time world financial task-forces snuffed out bearer bonds and offshore anonymous accounts.
- Scoundreller 4y agoI wonder what percentage of old companies are still owned by « bearer » shares. At least investment/corporate bonds usually expire, so the bearer ones eventually wash out.