How Goldman Sachs Helped Greece to Mask its True Debt
Στο «διευθυντήριο» της Goldman Sachs Παπαδήμος, Μόντι και Ντράγκι
GLOBAL ECONOMIC OUTLOOK
INTRODUCING GROWTH MARKETS
Jim O'Neill, Chairman, Goldman Sachs Asset Management: Most of the positive momentum behind the world economy is being driven by the majority of BRICs and N-11 countries. To describe many of these countries as "Emerging Markets" no longer seems appropriate. Learn More.
But in the Greek case the US bankers devised a special kind of swap with fictional exchange rates. That enabled Greece to receive a far higher sum than the actual euro market value of 10 billion dollars or yen. In that way Goldman Sachs secretly arranged additional credit of up to $1 billion for the Greeks.
http://www.spiegel.de/international/europe/0,1518,676634,00.html
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