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How Goldman Sachs Helped Mask Greece’s Debt 2012-02-27 0:00
Goldman Sachs has admitted that it is under investigation for helping Greece to hide its vast debts.
The controversial Wall Street bank - nicknamed the Vampire Squid because its tentacles stretch far and wide - is accused of having profiteered out of a complex currency deal that helped Greece massage its finances.
In a regulatory filing in the U.S., Goldman disclosed that is ’subject to a number of investigations and reviews by various governmental and regulatory authorities in connection with its financial transactions with Greece.
The European Commission has already been probing the bank’s relationship with Athens. It is unclear from the disclosure, how many other countries might be looking into its dealings with the Mediterranean state.
The Wall Street giant is claimed to have received as much as Ł192m in fees by entering a complex currency transaction in 2001 that helped Athens borrow cash without putting it on the books as a loan.
The so-called ’swap’ deal helped Greece meet eurozone limits on government borrowing.
Russians drop leaflets on ISIS, implying America and Israel is behind them 2015-10-09 4:38
Dire warning: The leaflets (pictured) being dropped by Russian jets warn people to get out of the zone of 'special operations' - and one implies that terror group al-Nusra Front are backed by America and Israel
Syrian army helicopters have dropped tens of thousands of leaflets on ISIS and rebel fighters, warning them to get out now and 'don't make it even ...
College diversity officer charged for #KillAllWhiteMen tweet 2015-10-08 23:16
A U.K. college diversity officer’s utopia would include no white men – after they are all executed.
An employee of Goldsmiths University of London’s independent students’ union was arrested in London Tuesday and charged with sending a menacing or offensive messages via a public network for her “#killallwhitemen” tweets.
Bahar Mustafa, 28, faces one charge each for electronic communications she sent over ...
Paedo deported from UK sneaked back and worked with kids for two years before being caught 2015-10-08 23:50 Landazuri worked with teenagers for two years before he was caught
Juan Guerra Landazuri successfully lived in Britain with his new identity for two years and even got a job helping vulnerable teenagers - despite being banned from working with children for life.
The 44-year-old, originally known as Juan Alejandro Guerra, was jailed for four years in 2002 for two offences of ...
Why Don't More Minorities Hike? 2015-10-08 23:06
As a Bay Area native, I grew up in outdoor spaces. While hiking trails in Tilden Park in the East Bay and in the Marin Headlands in the North Bay, I gained an appreciation of and respect for natural spaces that eventually led me to visit our national parksâ€”Yosemite being my favorite.
It was in Yosemite that I started to notice ...