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What does it say about Soros that one of his top guys was at that Manhattan dinner with Goldman Sachs and Paulson and a few others where there was a lot of talk about Greece. We know that shortly after that dinner, the CDS market for Greece blew up. We know the cost of Greek debt skyrocketed after that as well (before any Greek restatements of yearly deficit which occurred in November). We know that people at that table had intimate knowledge of Greek debt. We know what the people at that table at for dinner.

As well, the Greek restatement of finances was only for this year (2010) and not prior years. The debt to GDP was at 100% every year since 2004, and this year's restatement from 6.7% to 12.7% is a matter of 15 billion euros, which surely could not have been the cause of all the panic.

by Upstate NY on Sun Apr 11th, 2010 at 04:46:41 PM EST

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