Page 2 of 5 FirstFirst 1234 ... LastLast
Results 11 to 20 of 46

Thread: Greece may take legal action against US banks [edited]

  1. #11
    Sage
    Lord Tammerlain's Avatar
    Join Date
    Jan 2010
    Last Seen
    Today @ 12:39 AM
    Lean
    Undisclosed
    Posts
    10,431

    Re: Greece may take legal action against US banks [edited]

    If the banks and the previous greek governments can be found to have committed fraud then they both should be sued or locked up
    Happy Hanukkah Cheerfull Kwanzaa
    Happy Christmas Merry New Year Festivus for the rest of us

  2. #12
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    12-10-17 @ 07:36 PM
    Gender
    Lean
    Centrist
    Posts
    29,089

    Re: Greece may take legal action against US banks [edited]

    Quote Originally Posted by Lord Tammerlain View Post
    If the banks and the previous greek governments can be found to have committed fraud then they both should be sued or locked up
    Exactly.. at least this politician has the balls to even be thinking about it.
    PeteEU

  3. #13
    Advisor
    Join Date
    May 2010
    Last Seen
    10-28-17 @ 10:53 PM
    Gender
    Lean
    Other
    Posts
    488

    Re: Greece may take legal action against US banks [edited]

    11 million citizens in Greece, 4 million contribute to the coffers....1 million of those are government workers paid from the coffers.

    Nah, couldn't possibly be Greeces socialist political environment, unfundable social spending, or entitlement mentality causing economic problems....Of course there's nothing wrong with socialism...all the problems are caused by American bankers...

    Oh, BTW....see any parallels? The U.S. is careening down the same track.
    Last edited by webrockk; 05-16-10 at 12:59 PM.

  4. #14
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

    Re: Greece may take legal action against US banks [edited]

    the IMF report discussed yesterday by mr king is devastating:

    1. the united states debt to growth ratio is rising faster than any developed nation on earth

    2. the trajectory of our entitlement obligations is steeper up than any but russia's

    3. our debt maturity is sooner than all but japan's

    the eu IS greece, the eu IS the us, it's planet wide

    party on, progressives

    over the precipice

  5. #15
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

    Re: Greece may take legal action against US banks [edited]

    on the other hand, leadership can't even find the CLOUT to PROPOSE a budget

    Democrats Unlikely to Pass Budget in Face of Spiraling Deficits - BusinessWeek

  6. #16
    Advisor
    Join Date
    May 2010
    Last Seen
    10-28-17 @ 10:53 PM
    Gender
    Lean
    Other
    Posts
    488

    Re: Greece may take legal action against US banks [edited]

    Quote Originally Posted by The Prof View Post
    on the other hand, leadership can't even find the CLOUT to PROPOSE a budget

    Democrats Unlikely to Pass Budget in Face of Spiraling Deficits - BusinessWeek
    I'm thinking the cowards are stalling to obfuscate budgetary concerns until after November elections.
    Last edited by webrockk; 05-16-10 at 01:43 PM.

  7. #17
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

    Re: Greece may take legal action against US banks [edited]

    thanks

    to me, the FIXES appear draconian

    impossibly draconian

    the FIXES won't fly politically

    everyone knows what needs to be done

    the eu and president putz aint doin it

    they're chicken

    and they're wonky symps

    they're disposed to bailouts, entitlements, economic intervention...

    it's in the dna

    it's in the syntax
    Last edited by The Prof; 05-16-10 at 01:46 PM.

  8. #18
    Sage
    kaya'08's Avatar
    Join Date
    Nov 2008
    Location
    British Turk
    Last Seen
    05-12-14 @ 01:14 PM
    Gender
    Lean
    Centrist
    Posts
    6,363

    Re: Greece may take legal action against US banks [edited]

    Quote Originally Posted by PeteEU View Post
    Title and linked article title do not match. That is against Breaking News guidelines.

    They are thinking of it, as they should as any responsible person. The investment banks had a hand in hiding the true value of the Greek debt problem.
    Not just the Greek debt problem, but the world's debt problem! Greece is clearly playing a "pass the blame" game. If you can't see it, i certainly cannot make you. First the Germans where to blame for something that happened almost 100 years ago, and now the Greeks are looking elsewhere to divert the media's attentions of there foul lies and gain some money in the process.

    Perhaps if they saved the money they intend to spend on court cases and put it towards the economy, there would be no need for such a blame game?

  9. #19
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    12-10-17 @ 07:36 PM
    Gender
    Lean
    Centrist
    Posts
    29,089

    Re: Greece may take legal action against US banks [edited]

    Quote Originally Posted by kaya'08 View Post
    Not just the Greek debt problem, but the world's debt problem!
    Oh I agree, but I ask you this.. the debt of nations has been far far worse than it is now, as has deficits... so why is it all of a sudden a problem? Sure Greece lied, and should be punished for it.. why Portugal and Spain who actually did save up/pay off debt during the good years... soo.. why now?

    Greece is clearly playing a "pass the blame" game. If you can't see it, i certainly cannot make you.
    Of course they are. However they SHOULD go after people who helped previous governments get Greece into the toilet it is. This includes these banks. Not my fault you are not for accountability by big banks. Banks and politicians should all be accountable for what they did to get us into this mess we all are in.. no not the debt issue, the credit crunch.

    First the Germans where to blame for something that happened almost 100 years ago, and now the Greeks are looking elsewhere to divert the media's attentions of there foul lies and gain some money in the process.
    Er. One minister came with a lame ass comment (even though factual) and suddenly it is all Greeks? And in this case you provided, the PM was asked a question and answered lol. Not like it is being plastered all over the place and mentioned by the PM on a daily basis is it now?

    Perhaps if they saved the money they intend to spend on court cases and put it towards the economy, there would be no need for such a blame game?
    You do know that every nation on the plant has had debt since forever right? That it is very few nations that actually save up/pay off debt during the good years.....and the biggest sinner in history is the US.
    PeteEU

  10. #20
    Sage
    kaya'08's Avatar
    Join Date
    Nov 2008
    Location
    British Turk
    Last Seen
    05-12-14 @ 01:14 PM
    Gender
    Lean
    Centrist
    Posts
    6,363

    Re: Greece may take legal action against US banks [edited]

    Quote Originally Posted by PeteEU View Post
    Oh I agree, but I ask you this.. the debt of nations has been far far worse than it is now, as has deficits... so why is it all of a sudden a problem? Sure Greece lied, and should be punished for it.. why Portugal and Spain who actually did save up/pay off debt during the good years... soo.. why now?
    That sentence did not make any sense lol. What exactly are you asking?



    Of course they are. However they SHOULD go after people who helped previous governments get Greece into the toilet it is. This includes these banks. Not my fault you are not for accountability by big banks. Banks and politicians should all be accountable for what they did to get us into this mess we all are in.. no not the debt issue, the credit crunch.
    That's not my point, though. My point is, how does the leadership of Greece intend to justify spending millions on a court case instead of bailing out there struggling economy? Why sue them now and not later? Because they know they will win and get some return. It has nothing to do with accountability, but passing the blame and getting some money. This doesn't give me the impression papandrou is serious on grappling his countries finances. It sounds to me like he is trying to find the easy way out.

    And the moral issues aside here, no one country or bank can be held responsible. This is just the Greeks scapegoating again.

    Er. One minister came with a lame ass comment (even though factual) and suddenly it is all Greeks? And in this case you provided, the PM was asked a question and answered lol. Not like it is being plastered all over the place and mentioned by the PM on a daily basis is it now?
    As far as i am concerned, somebody as high up as a minister represents the opinions of the Greek government who represent the Greek people.

    You do know that every nation on the plant has had debt since forever right? That it is very few nations that actually save up/pay off debt during the good years.....and the biggest sinner in history is the US.
    I think you misunderstood what i said. The US is in the process of recovery, and the financial crises stemmed from there. This only serves to highlight a leadership problem in Greece, clearly. Even the UK is experiencing growth now, and we are far more exposed to US banks then Greece.
    Last edited by kaya'08; 05-16-10 at 06:37 PM.

Page 2 of 5 FirstFirst 1234 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •