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Caligari · 11-01-2011, 10:27 AM

eh Goldman Sachs helped out...
"How Goldman Sachs Helped Greece to Mask its True Debt"
http://www.spiegel.de/international/...676634,00.html
"Goldman Sachs helped the Greek government to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht deficit rules. At some point the so-called cross currency swaps will mature, and swell the country's already bloated deficit."

11-01-2011, 10:27 AM
Caligari Confirmed User Industry Role: Join Date: Oct 2009 Location: At The Mountains Of Madness Posts: 5,414	eh Goldman Sachs helped out... "How Goldman Sachs Helped Greece to Mask its True Debt" http://www.spiegel.de/international/...676634,00.html "Goldman Sachs helped the Greek government to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht deficit rules. At some point the so-called cross currency swaps will mature, and swell the country's already bloated deficit." __________________ ATTN Webmasters Cruel Bucks - LIVE Gonzo Does Not Pay ------------------------------------------------ Animal Rescue Click Here to Feed An Animal for Free