Articles by Les Leopold
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Vampire Hedge Funds Are Sucking Greece Dry
Les Leopold - AlterNet,
23 Jan 2012
If Goldman Sachs is a vampire squid, as Matt Taibbi so aptly named it, then hedge funds are like schools of piranhas or sharks, eager to strip the financial carcass to the bone. The sharks at this very moment are circling Greece, waiting to devour that nation’s resources. To understand this attack we need to enter into the rotting innards of our financial system. But aren’t the Greeks lazy? Let’s starts with a closer look at why Greece has accumulated so much debt.
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