Goldman Sachs tricky derivatives trades may have masked the Greek debt just long enough to hurt all of us again. Goldman Sachs made up an exchange rate that allowed the Greeks to look as though they were only engaging in a currency swap when, in effect, they were getting more than a billion more than they should have from the trades in credit. Its likely that Goldman made a killing on the commissions for the swaps, and then sold the swaps to a Greek bank for even higher profits.
Thursday, February 11, 2010
FBNs Cody Willard, FNC Contributor Monica Crowley, author Imogen Lloyd Webber and AOL Small Business Editor Rod Kurtz on New Jersey governors considering budget cuts to things like education to balance the budget.
In tonight's show Glenn Beck will dedicate a big chunk of it to talk about the financial crisis that is sweeping all over Europe and in Particular Greece and the PIIGS countries , and how they are all know waiting for handouts from Germany in order to save the countries finance and keep the hundreds of thousands of public servants who are now in the streets protesting in their jobs ...is the Greek problems similar to those of the US , in Greece 10% of the population work for the government , The Unions are strong there is a huge corruption...Glenn Beck warns US will become like Greece if we do not fix the mess now....
Labels:economy Collapse Meltdown Glenn Beck Show
11 February, 2010 Fox News
Glenn Beck tries his best to push Debra Medina to admit that she is what he calls a 9/11 truther ?!?! it is known that Glenn Beck is against all so called 9/11 truthers and anyone who challenges even remotely the official government story.....
Labels:economy Collapse Meltdown Debra Medina