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The Greek crisis has Goldman Sachs' fingerprints all over it

Jul 08, 2015

It appears that the sins of Goldman Sachs are being paid for by the taxpayers, as the liability for sovereign debt is passed on to the public (taxpayer), supposedly for their own good.

In 1999 Greece was too indebted to join the Eurozone. It was Goldman Sachs that conspired to help Greece hide 2.8 billion euros of debt so that it would qualify to join the Eurozone in 2001.

When this fraud became known, Bloomberg sued the European Central Bank (ECB) in 2012 to learn the truth. They were told that the facts could not be released “because disclosure could still inflame the crisis threatening the future of the single currency.”


It is probably no coincidence that Mario Draghi, the head of the ECB, was vice chairman and managing director of Goldman Sachs from 2002-2005. There is no way that he would have been ignorant of the shady deal made with Greece between 1999 and 2001 under his predecessor.

Judging by the way Goldman Sachs’ “former” employees have gained power in the Eurozone, it is not surprising that the fraud has yet to be prosecuted. The “Masters of the Eurozone” are pictured in the link below:


Because something tells us the reason why Mario Draghi personally blocked Bloomberg’s FOIA into the circumstances surrounding Goldman’s structuring, and hiding, of Greek debt that allowed not only Goldman to receive a substantial fee on the transaction, but permitted Greece to enter the Eurozone when it should never have been allowed there in the first place, is that the person who oversaw and personally endorsed the perpetuation of the Greek lie is none other than Goldman’s Vice Chairman and Managing Director at Goldman Sachs International from 2002 to 2005. The man who is also now in charge of the ECB.

Mario Draghi.

Greece got into the Eurozone fraudulently helped by Goldman Sachs. I suggest that Goldman Sachs be made liable to pay the 2.8 billion euros that it hid (multiplied by at least two, as per Exodus 22:3, 4). That would be a good place to start. Second, they should ban for life any and all ex-employees of Goldman Sachs from holding any position of financial power and responsibility.

Getting out of this mess will not be easy. Neither is it possible to prosecute or penalize billionaires who are protected by the courts who consider them to be immune. When these Babylonian oligarchs fall, the financial earthquake will be a 10 on the Richter scale.

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Category: Financial
Blog Author: Dr. Stephen Jones