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<p>[QUOTE="fatima, post: 1204434, member: 22143"]Actually Goldman Sachs being accused of enabling Greece politicians (who have a revolving door to cushy finance industry jobs) to hide billions in budget deficits by running off the book bond sales which the bank profited handsomely from. Now that this house of cards is falling apart, the taxpayers of Greece are being asked to backstop these billionaires who caused this mess. I say throw these politicians out of office and let the bond holders go to Goldman to get their money back. No way that old pensioners should have to give up their pensions to protect these multi-billionaires.</p><p><br /></p><p>This in effect was the same sort of scheme cooked up in Iceland where the bankers essentially with the aid of the central bank, hocked the Krona until it was worthless unless the taxpayers signed up for a generations of servitude to the IMF and the western banking cartel. Instead, they let the currency collapse, and now they are doing fine. It's the only country in the world that isn't living with unsustainable debt. Oh, and they threw their banksters in jail instead of bailing them out.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1204434, member: 22143"]Actually Goldman Sachs being accused of enabling Greece politicians (who have a revolving door to cushy finance industry jobs) to hide billions in budget deficits by running off the book bond sales which the bank profited handsomely from. Now that this house of cards is falling apart, the taxpayers of Greece are being asked to backstop these billionaires who caused this mess. I say throw these politicians out of office and let the bond holders go to Goldman to get their money back. No way that old pensioners should have to give up their pensions to protect these multi-billionaires. This in effect was the same sort of scheme cooked up in Iceland where the bankers essentially with the aid of the central bank, hocked the Krona until it was worthless unless the taxpayers signed up for a generations of servitude to the IMF and the western banking cartel. Instead, they let the currency collapse, and now they are doing fine. It's the only country in the world that isn't living with unsustainable debt. Oh, and they threw their banksters in jail instead of bailing them out.[/QUOTE]
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