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Turbineguy

(37,322 posts)
Tue Mar 6, 2012, 10:40 AM Mar 2012

Goldman Secret Greece Loan (Rush Limbaugh appears not to be involved)

Goldman Secret Greece Loan Shows Two Sinners as Client Unravels

On the day the 2001 deal was struck, the government owed the bank about 600 million euros ($793 million) more than the 2.8 billion euros it borrowed, said Spyros Papanicolaou, who took over the country’s debt-management agency in 2005. By then, the price of the transaction, a derivative that disguised the loan and that Goldman Sachs persuaded Greece not to test with competitors, had almost doubled to 5.1 billion euros, he said.

http://www.bloomberg.com/news/2012-03-06/goldman-secret-greece-loan-shows-two-sinners-as-client-unravels.html

The genesis of the Greek debt crisis. The European Union should take away GS's ability to do business in Europe.

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Goldman Secret Greece Loan (Rush Limbaugh appears not to be involved) (Original Post) Turbineguy Mar 2012 OP
Same scumbags who took down the rest of the world. Bonobo Mar 2012 #1

Bonobo

(29,257 posts)
1. Same scumbags who took down the rest of the world.
Tue Mar 6, 2012, 10:47 AM
Mar 2012

May I humbly suggest you add "Rush Limbaugh" to the OP title if you want anyone to pay attention?

Your OP = not shiny enough.

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