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Spiegel: Goldman helped Greece hide true debt

By   || February 9, 2010 at 14:19 GMT
|| 9 comments || Add comment

They have their tentacles into everything, don’t they? Here’s the story.

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9 Responses to “Spiegel: Goldman helped Greece hide true debt”

  1. LimitUp on February 9th, 2010 14:24 GMT

    greek banks new highs up almost 8%

  2. simon on February 9th, 2010 14:27 GMT

    its not a new story

  3. Gabriel on February 9th, 2010 14:29 GMT

    I remember that there were rumors time ago last year about Greece hiding real numbers and even before so we knew something was going wrong but now it has been such a surprise that Greece was really bad.

  4. Jamie Coleman on February 9th, 2010 14:31 GMT

    Italy did it to get into EMU back in the 1990s…

  5. mechtech63 on February 9th, 2010 14:36 GMT

    Banks are out trying to make profits by setting up others for a fall. Has this happened before? Hmmmm.

  6. LimitUp on February 9th, 2010 14:39 GMT

    Greek banks up almost 9% with 20mins to close

  7. Bear on February 9th, 2010 14:40 GMT

    Jaime, If things escalated quickly with Iran would you think that USD and Yen would see safehaven buying or maybe chf and gold

  8. Jamie Coleman on February 9th, 2010 14:44 GMT

    Hi Bear. I think all of the above, currency wise. Gold is a total wild card to me…traditionally, sure it should be a safe haven, but these days it seems to be more tied up in the risk trade. Risk would be “off” if Iran pulled a stunt like 1979…

  9. Bear on February 9th, 2010 16:12 GMT

    thanks Jaime,possible events like this bring back memories of past events…i wudn´t want to get caught out.

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