DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Americans Hand Greece the Knife to Kill Themselves With

**iceleliewBync** · 02-15-2010, 04:48 PM

In other words Golden Slacks was covering Greece's ass and their own by playing both sides of the trade just like they did with subprime and CDS's. Now Greece is getting it greek style......Greece = Homeowner and Golden Slacks and it's merry band of hedge funds masquerading as banks are Countrywide and Wamu. No surprise....doing "god's work" indeed.....too bad it's a vengeful god like Zeus who unleashes the furies....

Yeah it's not a shock, and I'm not surprised in the lease that two banks that Geithner worked so hard to protect (Goldman and JPM) are at the center of these derivative trades.

The bailout will mean the EU will be printing money to the tune of $300BN USD or more in the very short term. I think that's why the Forex traders have already sent the euro plunging. Everyone knows what's coming.

Italy is also in no better fiscal shape than Greece is. It's like the contagion all over again back when Bear Stearns collapsed.

02-15-2010, 04:48 PM	#18
iceleliewBync Join Date Nov 2005 Posts 605 Senior Member	In other words Golden Slacks was covering Greece's ass and their own by playing both sides of the trade just like they did with subprime and CDS's. Now Greece is getting it greek style......Greece = Homeowner and Golden Slacks and it's merry band of hedge funds masquerading as banks are Countrywide and Wamu. No surprise....doing "god's work" indeed.....too bad it's a vengeful god like Zeus who unleashes the furies.... Yeah it's not a shock, and I'm not surprised in the lease that two banks that Geithner worked so hard to protect (Goldman and JPM) are at the center of these derivative trades. The bailout will mean the EU will be printing money to the tune of $300BN USD or more in the very short term. I think that's why the Forex traders have already sent the euro plunging. Everyone knows what's coming. Italy is also in no better fiscal shape than Greece is. It's like the contagion all over again back when Bear Stearns collapsed.
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