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    Back to Which Way, L.A.?

    Which Way, L.A.?

    Greece: A Country that's Too Big to Fail

    According to one official at the International Monetary fund, "if a government wants to cheat, it can cheat."  So it was "perfectly legal" back in 2001 for Goldman Sachs and other bankers on Wall Street to help Greece borrow beyond its means. That's according to Nelson Schwartz, financial reporter for the New York Times .

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    By Warren Olney • May 12, 2014 • 1 min read

    According to one official at the International Monetary fund, "if a government wants to cheat, it can cheat." So it was "perfectly legal" back in 2001 for Goldman Sachs and other bankers on Wall Street to help Greece borrow beyond its means. That's according to Nelson Schwartz, financial reporter for the New York Times.

    The full episode

    1 of 3
    Is Greece Too Big to Fail? What's Next for the Dodgers?
    1. 0:00Greece: A Country that's Too Big to FailYou’re reading this
    2. 35:00John Perez, First Openly Gay Assembly Speaker, Sworn In Today
    3. 41:25How Is the McCourts' Divorce Affecting the Dodgers?
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Frances Anderton

      architecture critic and author

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Darrell Satzman

      Producer

    • KCRW placeholder

      Nelson Schwartz

      New York Times

    • KCRW placeholder

      Nick Malkoutzis

      Macropolis

    • KCRW placeholder

      Marshall Auerback

      Market Analyst, RAB Capital

      News

    The full episode

    1 of 3
    Is Greece Too Big to Fail? What's Next for the Dodgers?
    1. 0:00Greece: A Country that's Too Big to FailYou’re reading this
    2. 35:00John Perez, First Openly Gay Assembly Speaker, Sworn In Today
    3. 41:25How Is the McCourts' Divorce Affecting the Dodgers?
    Back to Which Way, L.A.?