Goldman May Face U.K., German Inquiries After Suit

The EU is investigating Goldman Sachs over swaps it arranged for Greece in 2002. The country entered a cross- currency swap with Goldman Sachs on about $10 billion of debt issued in dollars and yen. That was swapped into euros using a historical exchange rate, a mechanism that generated about $1 billion in an up-front payment from Goldman to Greece. Goldman has said it did nothing wrong.

Read the full article at: Goldman May Face U.K., German Inquiries After Suit - Bloomberg

Side Note:

Notice the "Historical Exchange Rate" In the above statement.  Would we not all love to purchase silver at a historical spot price of 9 USD , or gold at a historical spot price of 400 USD instead of current spot prices ?