Tag Archives: Greek Debt Exclusive

John Ward – Greek Debt Exclusive: Default Planners ‘Falling Out Over Firewall’ – Sources – 24 February 2012

Key players…Lagarde, Bernanke, Draghi, Geithner

More pieces of timetable jigsaw falling into place

Astonishing details of a Greek default plot hatched by Wall Street and the White House (with the knowledge of both Barack Obama and Hillary Clinton) have been backed up by growing evidence of an undercover US Fed ‘swap’ deal to bankroll Mario Draghi’s eurobank liquidity programme . As a quid pro quo for this disguised loan, the US demanded a ‘leper’ default for Greece – with a much bigger European-funded contagion firewall than currently exists. But the plans may be derailed by intransigence in Berlin. Continue reading