Regulators to dissect Goldman Sachs' role in Greece crisis - papers

Goldman has come under fire for helping the Greek government to structure complex derivatives deals early in the decade and "borrow" billions of dollars in exchange rate swaps, which did not officially count as debt under eurozone rules. Details of the arrangement between Greece and Goldman were first revealed in a 2003 article by IFAonline's sister title Risk, which can be read here. Critics say such conduct contributed to unsustainable public finances which have destabilised the euro. Giving evidence in Washington to the Senate banking committee, Bernanke said the Fed was examini...