Greece's Debt Crisis: Ben Bernanke Looks at Goldman Sachs and Wall Street

The Federal Reserve is examining whether Goldman Sachs and other Wall Street firms could be making Greece's financial crisis worse -- as well as the global economy -- by betting that the struggling Greek government would default on its debt, Fed chairman Ben Bernanke told Congress today. At a Senate Banking Committee hearing this morning, the panel's chairman, Christopher Dodd, D-Conn., expressed worry that banks and hedge funds have been using credit-default swaps to bet that Greece would...Full Story
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