Forum Post: Wall St. Helped to Mask Debt Fueling Europe’s Crisis
Posted 13 years ago on Nov. 6, 2011, 8:23 p.m. EST by BeStrong
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Golman Sachs tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro by enabling European governments to hide their mounting debts.
Do you get it: Goldman helped create the current crisis in Europe. Goldman earned huge fees for arranging financing that allowed Greece to hide its problems until it was too late. The crisis came and now the 99%s pay.
See:http://www.nytimes.com/2010/02/14/business/global/14debt.html?pagewanted=all
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