May 14, 2010 at 07:58 AM EDT
How Greece Plays Out
Greece at the birth of Western civilization is now the beginning of the end By Gijsbert Groenewegen Goldman trading against its clients interests The latest in the saga of Goldman Sachs "too close sailing to the wind" is characteristic of the times we are living in. The structure of our society is undermining itself propelled by greed. This is the beginning of the end of an era. When do people wake up to the arrogance of Goldman Sachs? "Helping" Greece structure financial transactions so that they would qualify for entry in the EU (how ethical is that) whilst at the same time probably taking out CDS on Greek debt. Getting 100% on AIG’s obligations, why!? What was discussed in the telephone calls between treasurer Paulson and Blankfein? …
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