Printing Blunder Leaves Federal Reserve Seeing Red
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WASHINGTON, DC—The long-awaited, redesigned $100 bill will have to wait a little longer because of repeated printing errors, the latest of which could cause at least 30 million notes to be trashed, The New Yorker reported.
Some of the bills, printed by the Bureau of Engraving and Printing, appear to suffer from mashing. Produced at the Bureau's printing facility here, the over-inked bills are mixed in with passable examples, according to a memo from Bureau director Larry Felix to employees. The Federal Reserve is asking for a refund, and another $30 billion worth of bills are awaiting inspection, according to The New Yorker.
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