Hacker News new | ask | show | jobs
by anabis 5204 days ago
Yeah, Goldman Sachs made a predatory loan to Greece in 2002. That is just 2 years after this guy got hired.
1 comments

Got any details?

Predatory loan usually refers to taking advantage of someone who doesn't know what they are getting themselves into. Are you saying that Greece lacks the financial knowledge to understand what they are signing?

Details abound: http://www.bloomberg.com/news/2012-03-06/goldman-secret-gree...

Greece wasn't innocent in this, but it's pretty obvious that Goldman took advantage of them.