Wait wait, how do cross currency swaps hide debt? Edit: these were not just regular cross currency swaps > But in the Greek case the US bankers devised a spec

Wait wait, how do cross currency swaps hide debt? Edit: these were not just regular cross currency swaps > But in the Greek case the US bankers devised a special kind of swap with fictional exchange rates. That enabled Greece to receive a far higher sum than the actual euro market value of 10 billion dollars or yen. In that way Goldman Sachs secretly arranged additional credit of up to $1 billion for the Greeks.