22.06.2011 - 18:41 [ New York Times ]

Contracts Cloud Who Has Exposure in Greek Crisis

It’s the $616 billion question: Does the euro crisis have a hidden A.I.G.?

Some analysts suggest that some of the banks involved in financial transactions in Greece several years ago may have had early knowledge about the weakness of the country’s financial condition, especially since some of the banks helped mask that weakness using derivatives.