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The Clintons Assisted Goldman Sachs And Angela Merkel In The Greek Financial Crisis

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by William Craddick, Disobedient Media:

It’s a story that has been told many times in part, but not in total. While Goldman Sachs’ role in helping to create the environment forGreece’s government-debt crisis is well known, less discussion is given to the role the Clinton family played in helping Angela Merkel to consolidate political control of Greece while also assisting Goldman as it continued to benefit from the meltdown once austerity measures had begun. The Clintons appear to have received funds from both Germany and Goldman Sachs during this period.

I. Goldman Sachs Was Responsible For Greece’s Economic Collapse

Goldman Sachs is generally blamed for having a hand in intentionally causing Greece’s 2008 financial crisis. Observers have noted that the financial group was instrumental in helping to arrange a secret loan of 2.8 billion euros for Greece, disguised as an off-the-books “cross-currency swap” – a complicated transaction in which Greece’s foreign-currency debt was converted into a domestic-currency obligation using a fictitious market exchange rate. This allowed Greece to hide 2% of its debt but left it immediately in a much worse position after the effects of 9/11 caused the amount Greece owed to Goldman double.

Meanwhile, Goldman padded its profits by leveraging Greece as much as possible along with most of the rest of the global economy. It continued this pattern of predatory lending advice in 2005, when they renegotiated the deal with Greece to lock in their debt at a staggering 5.1 billion euros. In 2009, it made another proposal for a financial instrument that would push the debt from Greece’s healthcare system into the future, delaying payment. In the aftermath of its efforts to financially hobble various nations across Europe, Goldman employees have moved into positions of control within Europe’s financial sector. Mario Draghi, managing director of Goldman’s international division at the time of their negotiations with Greece, has since moved on to become the head of the European Central Bank.

II. The Clintons Helped Goldman Sachs To Continue To Exploit The Greek Crisis Financially

As Greece’s crisis exploded, Goldman associates began to make apparent moves to continue to leverage the situation as much as possible. In 2014, Marc Mezvinsky, a former Goldman Sachs employee and wife of Chelsea Clinton, launched Eaglevale Hellenic Opportunity along with two other Goldman employees to attract investors hoping to cash in on Greece’s broadly touted economic recovery. As a former Goldman employee, it is strange that Mezvinsky appeared to be so certain of a Greek recovery, given his relationship to the finance group that laid the foundation for the crisis and knew firsthand how unlikely Greece was to recover. SEC documents reveal that new investors to Eaglevale Hellenic were required to put down at least $2 million. Goldman chief executive Lloyd Blankfein not only invested in the firm, but allowed his association with the fund to be used in its marketing. Hillary Clinton has refused to comment on how much Blankfein invested in Eaglevale Hellenic. At a time where Greece’s financial woes were not only well known to Goldman Sachs, but becoming increasingly obvious to the world, the Eaglevale fund bears alarming signs of being a blatant attempt to steal cash from unwitting investors too foolish to see the writing on the wall.

The Clintons were receiving inside information that would have kept them incredibly well informed about the Greek crisis. Gary Gensler, former co-head of finance at Goldman Sachs and the financial director of Clinton’s 2016 election campaign was revealed in Wikileaks Hillary Clinton Email Archives to have been sending Clinton inside information on Greece’s recover prospects while he was acting as the head of the U.S. Commodity Futures Trading Commission (CFTC) in 2011. In 2012, Sydney Blumenthalemailed Clinton classified information about German leadership’s thoughts on further potential bailouts for Greece which apparently had been acquired by a “sensitive source” working undercover within the German government. While receiving some of this information was part of Clinton’s job as Secretary of State, her close relationship to Goldman Sachs and her son in law’s Greek fund raises very clear questions about potential conflicts of interest.

III. The Clintons Helped Germany Consolidate Political Control Of Greece By Encouraging Austerity

As Greece began to react negatively to austerity demands made by Germany during its first two successive bailouts of the financially embattled nation, the Clintons worked to ensure that Greece did not leave the Eurozone and continued to accept austerity measures even when these actions did not benefit the German and Greek people. By January 2015, Greeks were tired of increasingly demanding German financial bailouts and elected Alexis Tsipras as Prime Minister after he promised to resist further austerity measures. The media was awash with rumors that Greece would leave the Eurozone in a “Grexit.” By early July, emails fromWikileaks Podesta Files showed that the Clinton camp was working to ensure that Greece remained in the EU and suggested that Bill Clinton speak directly with Prime Minister Tsipras to prevent Grexit.

Read More @ Disobedientmedia.com



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