U.S.Banks Betting on Greek Collapse

Well now, the banks are at it again. It was reported today that Goldman Sacks, among others, placed bets that Greece will default on their debts, perhaps precipitating a more widespred financial meltdown througout the world. Not only only has Goldman placed bets itself on this tragedy occuring, but they have created an investment vehicle for other investors to utilize so that they can also make the same bets Goldman has made. One must realize that in placing these bets, Golman and others are placing undue pressure on the Greek financial system, thus creating additional and unnecessary problems for Greece. Wasn't Goldman one of the banks the U.S. Treasury bailed out? Yes, it was, and here it is doing its best to precipitate the collapse of the Greek financial system. It is time for the U.S. Government to step in and prohibit this type of activity; if it is unsuccessful in this endeavor, consideration should be given to nationalizing our banking system in order to provide financial stability not only here in the U.S., but elsewhere in the world..