2010年5月19日星期三

Was embattled U.S. investment bank giant

Wall Street investment banks, "Review of Storm" is being upgraded. Greek Prime Minister George Papandreou said on the 16th, do not rule out U.S. investment bank in Greece before the debt crisis led to the actions of the possibility of litigation.
After the outbreak of the financial crisis, some U.S. financial institutions are regarded as the Greek round of financial crisis and the driving force behind the debt crisis, is facing U.S. and European governments from the full liquidation.  Christian Louboutin 123 Double Platform Sandal Black
Greece denounced the investment bank
"We will have this Greek root causes of the debt crisis back to understand why things happen." Papandreou day in the CNN program accused, there are many international organizations are involved in the "attack the Greek" activities U.S. investment bank has a debt crisis in Greece "great responsibility", the Greek Government does not rule out that American investment bank to investigate the behavior.
Previously accused the Greek government and the people of these international investment banks to "badmouth" Greece, Greece may be thrown out of debt default statement, rising borrowing costs led to Greece, exacerbated the debt crisis.
Papandreou said that "the Greek Parliament investigation team will review in the near future rapid expansion of the Greek debt causes and the international financial sector is involved in 'fraud and lack of transparency'. Greece will be completed in the Congressional investigations of the causes of the debt crisis, then decide whether to institute legal proceedings against the United States banks. "
Multi-country survey also  Black high-heeled sandals
Wall Street investment bank has been accused of financial activities played an inglorious role in the current round is considered the driving force behind the financial crisis. Entities in the U.S. economy is still stagnant, difficult, these Wall Street giants who did the first out of the crisis, and distributed with great fanfare a huge bonus. Discontent with the government and investors have been to the extreme.
April 16, with the Wall Street investment bank Goldman Sachs Group, named by a hundred years was involved in a financial fraud scandal, the U.S. judiciary immediately started a round of Wall Street investment banks have a comprehensive settlement. Involving investment banks including Goldman Sachs, Morgan Stanley, UBS, Citigroup, Credit Suisse, Deutsche Bank, Credit Agricole of France and the U.S. banking unit of Merrill Lynch.
Papandreou said that day, not only the United States and Greece, other countries are doing similar surveys. European powers France and Germany, leaders agreed that investment bank speculation is "a position of vulnerability", "adding insult to injury," which has been disaffected.
Goldman Sachs or in bull's-eye
Papandreou said in an interview which will be held did not have specific responsibility for investment banks, but analysts believe that Goldman Sachs may be the main target of the survey of Greece.
Analysis, said Goldman Sachs since the exposure into a financial scandal in connection with transfer of the debt crisis of the Greek public eye. Ago, the financial media headlines have locked deep "fraudulent door" of Goldman Sachs. U.S. survey shows that "investment bank master" Goldman Sachs investment potential profits of speculation, some analysts even as Wall Street Goldman Sachs "financial rogue."
Goldman Sachs and mutilated on the occasion of the continuing debt crisis in Greece for six months suddenly upgrade, especially on April 28 S & P lowered the rating of Greece to the "junk", the media focus will be quickly transferred from the Goldman Sachs Greek sovereign debt default dangerous and short-selling. However, the lower the rating the more obviously some very strange decisions.
In addition, in order to join the euro, Greece has turned to U.S. investment bank Goldman Sachs. Goldman Sachs to Greece to design a "currency swap" method, for the Greek government to cover up a sum of up to 10 billion euros of public debt, Greece had paid 300 million euros to Goldman Sachs commission. Goldman Sachs than anyone else, should understand the truth of the Greek debt crisis.
At last count, now the Greek Parliament Greek government has begun investigating the deal with Goldman Sachs. Daily Roundup

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