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RE:Deep Pockets.. Now Deeper Pockets.
by Mayank Agarwal on Oct 17, 2007 01:30 PM

Yes even I had this point when I was posting my previous message but forgot it. I will elaborate it, this PN note thing is not transparent as per the article. So politicians with their black money can channel through a foreign route and invest in stock market and I doubt many must already have been doing it. Regulatory authority does not know who is investing the money in share market...this black money after it has swelled to an amount starts rotting because you cannot invest it hide it that easily..so this PN route is safe for its investment. Get the money in some Swiss back and then invest it. Secondly as my friend has said it above this can be used for increasing terror funds. So all in all I am happy even if market goes back to 15000 level for removing the fund through these PN notes.

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The above message is part of the Discussion Board:
What are P-Notes?