Greek Debt Crisis: How Goldman Sachs Helped Greece to Mask its True Debt

Greek Finance Minister George Papaconstantinou speaking at a conference in January.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 [...] continue reading the breaking news