Greece Hires Former Goldman Banker as Debt Chief
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By Elisa Martinuzzi Goldman Sachs (GS), Wall Street's most profitable securities firm and a boon to conspiracy theorists the world over, has angered EU
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re: The Auditors » Blog Archive » A Prisoner's Dilemma: AIG and ...
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A little more on the Greek Issue. It is important to know what impact the Greece story will have on the the world and us here in the U.S. It is also interesting as well as important to realize that Goldman Sachs and possibly JPMorgan are right in the middle of it all once again.
How will there "seat at the Greek table" benefit them and at what cost to us and Europe in particular. It is for this reason that we must educate ourselves in preparation of what might and could be. We already know - and by GS CEsO, Blankfein's own admission - that they played a very large and intergral part in the world's economic ciris. Just ask Iceland - the whole country was bankrupted by purchasing Mortgage Backed Securities and Derivatives.
What ever was done n Greece must be intertwined with deals elsewhere. How, where and how much remain to be seen. But one thing for sure, this crisis is not isolated in Greece.