Scandal: American banks conceal the Greek debts

There was discovered an American stain in the history of Greece crisis. Federal Reserve Board Chairman Ben Bernanke revealed Thursday that the central bank is looking into Goldman Sachs Group's dealings with the Greek government. Bernanke said the investigation included other companies, MarketWatch informs.

These transactions reduced Greece's foreign denominated debt in euro terms by 2.367 billion euros and, in turn, decreased Greece's debt as a percentage of GDP by just 1.6 percentage points, from 105.3% to 103.7%, Goldman said. Greece's deficit in 2001 was equal to 4.5% of GDP, and would have been 4.64% without the swaps, the bank said.

"Obviously, using these instruments in a way that intentionally destabilizes a company or a country is counterproductive, and I'm sure the SEC will be looking into that. We'll certainly be evaluating what we can learn from the activities of the holding companies that we supervise here in the U.S.," Bernanke said, the source is quoting.