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NewsWhore
11-14-2011, 01:30 AM
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Governments Using Swaps Emulate Subprime Victims of Wall Street (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH_DCOrXQLaEkQDE4NWuq_VNwZ3vw&url=http://www.bloomberg.com/news/2011-11-14/governments-using-swaps-emulate-subprime-victims-of-wall-street.html)
Bloomberg
Greece used currency swaps, the biggest of which were with Goldman Sachs Group Inc., to hide 5.3 billion euros ($7.7 billion) of debt from 2001 to 2007, Eurostat, the European Union&#39;s statistics office, said in a May report. When the arrangements were ...

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