Sunday, February 1, 2015

Left Wing Anti-Bankster Party Flips: Hires Bankster to Advise on Debt

This is a strange twist from the pre-election anti-bankster posture of the  Syriza party.

The Greek government, now run by Syriza officials,  has hired US investment bank Lazard to advise it on its debt negotiations with  the troika of international lenders, the IMF, World Bank and ECB.

On Saturday, Greek prime minister Alexis Tsipras issued a statement saying he was confident “we will soon manage to reach a mutually beneficial agreement, both for Greece and for Europe as a whole”.

“No side is seeking conflict and it has never been our intention to act unilaterally on Greek debt,” Tsipras said, adding that his approach “in no way entails that we will not fulfil our loan obligations to the ECB or the IMF”.

 Tsipras also on Friday called ECB president Mario Draghi to reassure him that his new government wanted to reach a solution with international partners over renegotiating Greece’s bailout.

This is in direct contradiction to Yanis Varoufakis, Greece’s new finance minister, said on Friday that the country would no longer co-operate with the troika.

Lazard advised Greece on its original bailout in 2012.

Looks to me like the banksters have dirt on Tsipras.



  1. thought for a moment they actually were going to give Brussels the finger. Of course they couldn't quite bring themselves to do that.

  2. Lost business for Goldman Sachs? Or is Lazard part of the Squid?

  3. Who knows how he, and Greece might be rewarded for dropping the pro-russian, anti-sanctions line. "Stop talking about the azinays, and will work out something win-win." Are Greeks still famous for "bargaining"? I'm getting all my stereotypes mixed up.

  4. Banker Boys win their Super Game once again.

    A little research shows Lazard CEO Jacobs is a member of the Steering Committee of the Bilderberg Group.[6]

  5. And now reality sets in for the Syriza supporters who thought it was going to be all free, Bread and circuses

  6. Not a good sign at all but still too early to say Syriza is selling out.

    1) The fact is, if ECB stops lending to Greek banks, as it threatened to do a few days ago, in the middle of a run, Greek banks collapse. Greek depositors who couldn't get out in time loose their savings. Syriza gets the credit. It is that fact that probably scares Syriza and most other Greeks more than anything else. Color revolution and/or military coup would follow.

    2) No matter what Syriza intends to do, it has to say exactly what it is saying right now, to play for time for as long as possible. If nothing else, it allows more and more depositors to get out of Greek banks while they can.

    3) Working in Syriza's favor is the fact that Greece can't pay back the loans even if it wanted to. And so it wont no matter who is in the government.

    4) The Russia card isn't a strong one for Greece at the moment, but if oil goes back to a hundred by summer time, and Russia is willing to provide credit to support Greek banks against a run, then the ECB and other Greek creditors are in trouble. That's a lot of ifs but stranger things have happened. It is definitely worth it for Russia if it causes a Grexit that may lead to the break up of the Anti-Russian EU (with NATO close behind)

  7. LOL! That didn't take long did it? Had enough yet idiot leftist turds? Or do you want MORE government? If you do that means MORE banker power. Hello?! Wake up please.