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To: Ilaine who wrote (59141)	8/27/1999 9:15:00 PM
From: yard_man	Read Replies (1) \| Respond to of 86076

Probably bought property ... in some areas of the country right now I hear that's pretty much the same as buying the S&P ...

To: Ilaine who wrote (59141)	8/27/1999 9:46:00 PM
From: KeepItSimple	Respond to of 86076

>I wonder what they did with it after it was laundered? Invested it > in Internuts? Amazon's first debt offering early last year was quite unusual: instead of raising money here in the US, where the internut mania was still incredibly strong, they raised it through an anonymous offshore offering. No records were ever reported to the SEC, since none were required. Over a billion dollars was raised. That "money" was instantly laundered into AMZN debt securities, which were then converted into hard US cash as AMZN's stock kept rising above the conversion rate. Now I have no proof of who the investors were, but for some reason Amazon decided to keep secret who provided the vast majority of its funding. No one, outside of that brokerage firm and Bezos himself, knows where the money came from. My personal guess- this story will be on the cover of Time magazine when a connection is finally made. Whether Amazon's money was from drug lords, or from diverted IMF funds invested by the russian mob, it's going to be interesting to read about!!