Goldman Sachs helped the Greek hide Greece's poor finances so the country would qualify for EU membership:
One deal created by Goldman Sachs helped obscure billions in debt from the budget overseers in Brussels.
Goldman Sach's financial engineering inevitably blew up, causing an economic mess for Greece and the EU. Now Goldman Sachs, which was instrumental in creating the mess, is calling for the EU to
bail out Greece:
The German boss of the top US investment bank Goldman Sachs called on Friday for Greece’s debt to be partially forgiven in order to save the ailing Mediterranean nation from possible bankruptcy.
Instead of the EU providing further bailouts to Greece, the EU should investigate Goldman Sachs for fraud and ban
Goldman Sachs from operating within the EU.
No comments:
Post a Comment