Hjälpte Goldman Grekland att fuska?
- Goldman, we know now, was intimately involved in the deal(s) that allowed Greece to violate the terms of its participation in EMU. It is possible – but not yet confirmed – that the entire nefarious swap arrangement in 2001 was Goldman’s idea. This would be beyond being the equivalent of helping people dodge their taxes; this is actively encouraging your clients to undermine the basis of civilized society. Following Mr. Issing’s logic, which seems sound, Goldman played a major role in undermining the eurozone.
- Goldman is currently presumed to have a stake in Greek government securities, given its recent and ongoing relationships with that country. It looks very much like Mr. Issing may be talking Goldman’s book, whether he realizes it or not.
- Presumably Mr. Issing will be able to reassure someone that there was nothing improper about his article today. But who exactly has jurisdictions over such issues – for a US bank holding company operating in another country? Is this a matter for the Securities and Exchange Commission in Washington or the European Commission in Brussels or the German government or someone else? Where is the Federal Reserve – Goldman’s primary supervisor – on such issues, which pertain to global financial instability? Welcome to the scary and essentially unsupervised world of international banking.
Blivande civilingenjör som läser Teknisk Fysik på Chalmers och Nationalekonomi på Handels i Göteborg. Kombinerar ett intresse för siffror och modeller med ett intresse för ekonomi och ledarskap. Skriver om samhället utifrån ett frihetligt perspektiv.
