Quote:
Originally Posted by Osem
Easy, just get Goldman Sachs in to come up with some new numbers which look better. Problem solved...  |
Minor little detail, but Goldman Sachs had
absolutely nothing to do with any figures, fake or not. That was solely down to the Greeks. All Goldman Sachs did was
carry out Greek instructions for transactions of a particular type. The accounting rules said those type of transactions didn't have to be on the books, but the Greeks could have chosen to put them there. The Greeks also hid government debt by getting publicly-owned companies to run up a debt on the government's behalf.
Other EU countries have used those tricks, eg Italy and Austria.