Greece Considering Legal Action Against U.S. Banks for Crisis

[WestVirginiaRebel]

Bloomberg:

May 16 (Bloomberg) -- Greece is considering taking legal action against U.S. investment banks that might have contributed to the country’s debt crisis, Prime Minister George Papandreou said.

“I wouldn’t rule out that this may be a recourse,” Papandreou said, in response to questions about the role of U.S. banks in the crisis, in an interview on CNN’s “Fareed Zakaria GPS.” The program, scheduled for broadcast today, was taped on May 13. Neither Papandreou nor Zakaria mentioned any banks by name.

U.S. stocks fell and the euro slumped on concern that Europe wouldn’t be able to contain the debt crisis stemming from Greece. The Standard & Poor’s 500 Index declined 1.9 percent May 14, while the euro fell below $1.24 for the first time since November 2008.

Papandreou said the decision on whether to go after U.S. banks will be made after a Greek parliamentary investigation into the cause of the crisis.

“Greece will look into the past and see how things went,” Papandreou said. “There are similar investigations going on in other countries and in the United States. This is where I think, yes, the financial sector, I hear the words fraud and lack of transparency. So yes, yes, there is great responsibility here.”
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I'm not sure what sort of a case they have, except to find a scapegoat for their own problems.

[SrWoodchuck]

Ya best be telling Greek PM Georgy P....

De lawsuit talkin' don't motivate me.....

Ya got a big ole debt, ya tryin' to retire....

And guvmint clerks settin' yer house afire....

Call out da Army an' douse dem flame...

Look to yerself if ya wanna talk blame....

Talk a suin' me has just gotta chill...

'Specially if I'm frontin' yo $28 "bill"....

Guvmint jobs put ya in da po' house...

Same thing here with our own head louse....

'Stead a rollin' hard, ya outa be ashame'....

Tryin' ta stick da world wit yer busted game...

Out'a my face, take a couple step back....

Or I rollup de popstand, an' yo don't get jack...

'Cause I a Mo Fo, baby!

.........WORD

[Argyle58]

Our repayment for our contributions to their recovery. Beware the Greek's stereotypical sexual proclivities.....it may soon be happening to you.