Let the games begin.... Dr. Kyriakos Tobras just set off a MEGA bombl... This is the road.. to hell for our corrupt government and their "friends".
Securitisations, cooking of the debt, Collateralising of private property, Assignment (Waiving the right to) future incomes. ALL EQUIPPED WITH... CDS!!!!
On behalf of the Greek people, the Greek State and through foreign officials.
And because "some" people were annoyed let's go over the documents that reveal the truth. If on the other, the truth hurts, that is not our fault, but the fault of all of those who for the past 12 years have tolerated living a lie!
And one last thing.
The HELLENIC SECURITISATION SA entered into liquidation on 28/12/2011 Were all bonds paid or were they transferred elsewhere? And what about the CDS that are clearing?
To be continued...
And click on this story for extra reference - List Of 12,000 Names Of CDS Contracts Finally In Greek Hands (VIDEO)According to what was leaked, it seems that Greece went on a state asset-securitizing spree in a fit of mythological-named deals between 2000 and 2001. So how did the securitizations help conceal Greece's debt? They used very shady accounting tactics. In what amounted to a garage sale on a national scale, Greek officials essentially mortgaged the country's airports and highways to raise much-needed money. The arrangement they called "Aeolos" a legal entity created in 2001,helped Greece reduce the debt on its balance sheet that year. As part of the deal, Greece got cash upfront in return for pledging future landing fees at the country's airports. A similar deal in 2000 called "Ariadne" . . . devoured the revenue that the government collected from its national lottery. READ MORE ON THIS BY CLICKING HERE
Source: olympia
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