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Goldman Sachs, Greece Didnít Disclose Swap Contract
QuantNet ^ | 021710 | Elisa Martinuzzi

Posted on 02/17/2010 11:54:41 AM PST by the invisib1e hand

Goldman Sachs Group Inc. managed $15 billion of bond sales for Greece after arranging a currency swap that allowed the government to hide the extent of its deficit.

more at link.


TOPICS: Business/Economy; Government
KEYWORDS: derivatives; goldmansachs; greece; swaps
Hope this post works. If the Greece story matters, this matters. A-LOT.
1 posted on 02/17/2010 11:54:41 AM PST by the invisib1e hand
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To: the invisib1e hand

After reading about G-S complicity in the Cap and Trade fiasco, and this, I am wondering whether some lightposts on Wall Street should have some G-S executives as swinging decorations?


2 posted on 02/17/2010 12:16:31 PM PST by Chickensoup (We have the government we deserve. Is our government our traitor?)
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To: Chickensoup

I’m sure there will be an upcoming indictment of Paulson’s buddies in the very near future. /sarcasm


3 posted on 02/17/2010 12:36:08 PM PST by SeaHawkFan
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