Friday, February 10th, 2012

According to Bloomberg News, in 2002, the nation of Greece came to Goldman Sachs to obtain $1 billion in funding through a swap of $10 billion in credit default swaps.

The actions of Henry Paulson, Jon Corzine, Tim Geithner and others in the late 90′s set the stage for today’s meltdown of the Greek economy and the financial woes here in the US.

Are we going to suffer the same fate as the Greeks?

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