Friday, February 24, 2012

How Goldman Sachs Helped Mask Greece’s Debt

Nick Dunbar, author of 'The Devil's Derivatives', reveals how Greece turned to investment bank Goldman Sachs for help getting around the Eurozone's deficit rules- essentially how Goldman Sachs helped Greece hide the extent of its debt problems using swaps and fictitious exchange rates...beginning in 2004!
In his report for Newsnight, some of those who did the deal, talk publicly for the first time.