Monday, October 19, 2009

Billions in unclaimed bonds date to World War II

The AP reports:
The federal government is facing a lawsuit over billions in unclaimed bonds that date back to the patriotic fundraising efforts of World War II, leading to a showdown between states who say they should be given the money and a Treasury Department that claims ownership.

World War II sparked an unprecedented bond buying campaign, spurred on by one of the largest advertising campaigns ever seen - a drive wrapped in dutiful pleas from celebrities, politicians and cartoon characters alike.