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Strategies & Market Trends : The Bird's Nest

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From: clutterer	2/27/2010 6:29:08 AM
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The Greek crisis also has the attention of top officials in the United States. Central bank chief Ben Bernanke, has told lawmakers some private banks may have helped Greece hide the severity of its problems. "We are looking into a number of questions related to Goldman Sachs and other companies in their derivatives arrangements with Greece," he said. He said several agencies are investigating. "Obviously, using these instruments in a way that potentially destabilizes a company or a country is counterproductive," he said. Bernanke also expressed concern about the possible impact of investment instruments that bet Greece would default on its debt.

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