samael, your explanation of how Rufus acquired the bonds as assets doesn't hold water, according to many. I'm no expert, so can't really comment.
What I can ask you, though, is what you think about the latest pronouncement that claims title to a $5bn bond, when, in actuality, it only has a face value of $700mm. I only skim this board, but haven't seen any explanations for that glaring discrepancy.