Wednesday, November 13, 2013

Going to the Dogs


New regulations and revelations have penetrated the Swiss Banks' ability to hide funds from tax collectors.  This has caused many depositors to move money around within the Euro Zone. It has been moving in suitcases, shoe boxes and even secreted in baby carriages. The denomination favored is the 500 Euro note in bundles. While much of it slips thru, some security groups at airports have been training sniffer dogs to detect "the ink on banknotes." Wow! So the next time you are passing thru airport security and you see a German Shepherd approaching, hold onto your wallet and hope you don't have a stray 500 Euro note stuck between your greenbacks. Caveat emptor!
tjs

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