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Originally Posted by nomadking
Why?
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Reading the link in question FTW.
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Saul Haydon Rowe, a partner at Turing Experts, a team of former bankers who advise in court cases involving bank derivatives, said: “Greece would have to unpick the trades completely and look into what advice was given, and how much Goldman might have expected to make over the course of the transaction.
“For a legal action to go ahead, Greece would have to show that Goldman Sachs said something it knew was untrue or which it did not care was true or not.”
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