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A tractor trailer stopped in the Bronx turned out to be carrying $16 million in cocaine. Apparently $16 million in cocaine is equal to 400 pounds, as that's how much the authorities confiscated.
NY Drug Enforcement Task Force searched the vehicle at a Bruckner Boulevard parking lot. The Post reports that the investigators, "convinced that drugs were stashed in the vehicle, borrowed an X-ray machine from Homeland Security." And they were right, because after 10 hours of searching, they found the drugs hidden "behind a steel band on the perimeter of the floor of the trailer."
Narcotics Special Prosecutor Bridget Brennan said, "In my time in this office, we've seen hundreds of concealed compartments. This is in the top five." The vehicle had come from California, and four people (three from NYC, one from California) were arrested. It's suspected other similar tractor trailers carrying millions in drugs are on the road. Last year, a truck with an unstable load on the Whitestone Bridge aroused the suspicious of MTA Bridge and Tunnel Police, who found 210 pounds of pot--among pallets of coconut--on board.
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This is a serious blow to Wall Street. The Dow is already down 40 points.
If the street value remains the same, this bust means nothing. in fact many times, trucks like this are decoys for the big loads that are coming in.
at first i missed the word "Cocaine" in the headline and just figured it mus have been the trucker's gas money.
I'm no expert but 400 pounds strikes me as a lot of cocaine.
I wonder how many pounds of cocaine enter the city on the average day. There's no way this even makes a dent into that.
180,000 grams, then cut, say, 2 to 1 = 360,000 street grams.
Perhaps a week's worth, since much of it will go to the suburbs as well
I wonder how many pounds of cocaine are consumed in the city on a given weekend. Too bad we don't have government-style reporting of statistics on alcohol and illicit drugs. That would be interesting to follow - to watch the spikes in consumption, changes in prices relative to supply, impact of new product entries into the market, changes in demand from external events, etc.
But all the pharma drugs keep flowing in - no doubt many, many times the amount of "illicit" drugs that come into the city. But those pharma drugs come in brightly colored pills or capsules, in zippy packaging, with beguiling market-researched names and accompanied by TV ads with happy people floating in flower-filled fields while under the influence.
And that's all okay. Because it's all about perception.
That cop's nose itched.
you can almost feel the collective "bummer" from midtown to the Hamptons