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2010-02-08 — www.spiegel.de
"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."
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Comments:
tvsterling at 08:38 2010-02-09 said:
I may not understand this fully but it appears that Greece bet the farm with Monopoly money; & lost. Permalinkadd a comment | go to forum thread
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