MarketWatch:
German Chancellor Angela Merkel turned up the heat on banks and their involvement in the Greek debt crisis Wednesday, saying it would be a "scandal" if they had helped Greece bypass European debt restrictions, according to media reports.
Greece "falsified statistics for years," Merkel was quoted as saying in a speech to supporters. "It's a scandal if it turned out that the same banks that brought us to the brink of the abyss helped Greece fake the statistics." The New York Times on Sunday reported that Greece in 2001 had borrowed billions, with the aid of Goldman Sachs Group Inc. in a deal hidden from public view because it was treated as a currency trade rather than a loan.
The European Union on Tuesday demanded from the Greek government that it provide details on its use of currency swaps. In Wednesday's speech, Merkel also said she will push for more regulations of financial markets.
Just another potential example of Goldman Sachs' interpretation of doing God's Work.
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