Detailed text transcripts for TV channel - MSNBC - 20111115:21:35:00
Governments, they cut a deal to secretly take euros out of the greek treasury, convert them to yen, convert them back to euros. this is through some fancy derivative action. goldman takes a multi-billion dollar loss. the greek government gets a gain. there's no deficit in the greek treasury. it's only 3%. the greek economy looks good. goldman doesn't take billions of dollars in losses. it's a scam. it's a fraud. they've cut a secret deal to get that money back and then some. and by the way, fraud ain't cheep these days. goldman charged about $300, $400 million to pull off this scam, the proble...
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