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International Capital Flows Swiss Border Edition

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by Felix Salmon
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Oct 12 2007 12:00am EDT

International Capital Flows, Swiss Border Edition

Mark Gimein is puzzled by the lack of attention that the news media is paying to the story of a man who was stopped at a Swiss border crossing in possession of a $500 million check. I can think of three reasons:

  • He was driving into Switzerland, not out of Switzerland.
  • The check was for $500 million, rather than a combination of checks and credit notes worth $8 billion.
  • He never starred in Miami Vice.
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