Posted by: rmiglobal | May 24, 2011

The Greeks Will Go Postal: How Suicidal Hellenic Postbank Queered The Pitch

ZEROHEDGE
Tyler Durden

A little over a year ago, when the Greek CDS scapegoating campaign was in full swing (you see, the reason why the first $1 trillion Greek bailout failed is because of those evil, evil CDS traders: it had nothing to do with Greece being, well, bankrupt), one of the most hilarious discoveries was that among the chief speculative villains was none other than the state-owned Hellenic Postbank. That’s right: the government of Greece was profiting by betting on its own demise even as it was making a stink about others doing the same. Read more…

UPDATE May 25th 20:00 GMT

PROTESTS GREECE LIVE FEED:
http://www.star.gr/ellada_kosmos/93174/

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