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Former Greek PM G-Pap's 89 Year Old Mother Said To Have $700 Million In Swiss Bank Account

Tyler Durden's picture





 

There was a time when Swiss bank secrecy was the passion of every tax-challenged oligarch in the world. Then things changed, Obama made it s badge of honor to rat out anyone you know who has a bank account in Zurich or Geneva, lists of previously ultra-secret account holders started "leaking" and from an asset, Swiss bank accounts promptly became a liability to everyone involved. Such as the matriarch of the legendary Papandreou family, former Pasok Greek PM G-Pap's mother, Margaret, also wife of former PM Andreas, who according to The Telegraph has been revealed as having a €550 million ($700 million) Swiss bank account (she will hardly be happy to learn that Credit Suisse just instituted a negative interest on CHF deposits) in the Geneva branch of HSBC. Obviously lots of hard work by M-Pap went into building up that particular nest egg.

M-Pap has quite an soap opera past of her own:

Margaret Papandreou is the second wife of the late Greek Prime Minister Andreas Papandreou.

 

Margaret Papandreou was born Margaret Chant, in the US, in 1923 and grew up in Elmhurst Illinois. She met the future Prime Minister in 1948 at the University of Minnesota where he was a professor and she was a 25-year old journalism student. A relationship developed between the two despite the fact that Papandreou was still married to his first wife. Eventually, Margaret also married someone else. That marriage ended in divorce as did Papandreou's first marriage and the two of them were married to each other in 1951. The marriage produced four children.

 

In 1963, Margaret Papandreou followed Andreas to Greece. Her husband became involved in politics as an MP in the Centre Union, a political party founded by George Papandreou, his father. Margaret Papandreou was accused early in her husband's political career of being Bulgarian, a race not very popular with the average Greek.

 

In 1967 a military Junta overthrew the democratic government of Greece and established a dictatorship. Andreas and Margaret Papandreou were exiled first to Sweden, then to Canada where they stayed until the restoration of democracy in 1974. At that time, Andreas Papandreou returned to Greece to form his own political party - PASOK - breaking with his late father's former political allies. In 1981, he was elected Prime Minister and Margaret became the first lady of Greece. In that capacity she sought to reform much of the social and political life of the average Greek woman which brought her praise from some quarters and stinging criticism from others.

 

Margaret Papandreou's days as the first lady of Greece came to an abrupt halt when her husband met Olympic Airlines stewardess, Dimitra Liani in 1989. The aged PM divorced Margaret to make the young stewardess his third wife.

Sarcasm aside, it is apparent first it was years of looting governing by husband Andreas, followed by years of looting governing by son George, that is among the chief reasons why Greece is now in an economic and monetary singularity, with the unemployment rate rising by 1% per month. But at least once the time to follow through on that self-imposed exile by G-Pap and family, he will not be at a loss how to fund his remaining days. What will also not be lost is the irony that after taking power in 2009, his government announced that the country's financial situation was far more dire than originally thought, largely due to tax evasion by Greek citizens. Such as himself it appears. What is the message here is what we have been saying for years: it is not austerity that is the primary cause of misery for the Greeks, although Greek politicians sure enjoy laying the blame for everything on belt-tightening. It is the outright theft and plunder by those who are supposed to be in charge of fixing Greece that is the reason why now Greece, and soon everyone else, has become such an economic basket case.

From the Telegraph:

 Margaret Papandreou, whose son George served as the country's prime minister during the height of the Eurozone crisis, is said to be on the "Lagarde list" of Greek citizens with fortunes hidden in Switzerland.

 

The list of alleged tax evaders, named after Christine Lagarde, the head International Monetary Fund (IMF), has caused deep resentment as Greece struggles with austerity.

 

Mrs Papandreou, whose late husband was also a prime minister, denied the allegations reported in two Greek newspapers yesterday.

 

"Why such lies? Why such attacks? Perhaps because my family never served this country’s interest groups," she said in a statement.

No: they merely served their own selfish interests, at the expense of the general Greek population.

Mr Papandreou, who stood down as prime minister in 2011 but remains a member of parliament, said the stories were "rumours without facts" and were part of a backlash against his anti-corruption battles while in office.

 

After taking power in 2009, his government announced that the country's financial situation was far more dire than originally thought, largely due to tax evasion by Greek citizens.

 

Mrs Papandreou's name reportedly surfaced in a report made by police to members of parliament last month.

 

The "Lagarde list" was provided to Greece by the French government while Mrs Lagarde was still finance minister in Nicolas Sarkozy's government.

Not even the Onion could make up the utterly bizarre tragicomedy that the sinking European continent has become. Sadly, this is merely a blueprint for what is coming everywhere else to the 'developed' (and developing) world.

 


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Mon, 12/03/2012 - 09:23 | Link to Comment doomandbloom
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Stop or my mom will Shoot!

Mon, 12/03/2012 - 09:29 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

I wouldn't advise it.....it just pisses the zombies off more.

Mon, 12/03/2012 - 09:35 | Link to Comment francis_sawyer
francis_sawyer's picture

When you make $88/hr. on the computer good things happen...

Mon, 12/03/2012 - 09:45 | Link to Comment a growing concern
a growing concern's picture

If I had $88 for every hour I've spent dicking around on ZH, I could buy Canada.

Mon, 12/03/2012 - 09:52 | Link to Comment goldfish1
goldfish1's picture

$700 Million only?

quel surprise

Mon, 12/03/2012 - 09:59 | Link to Comment francis_sawyer
francis_sawyer's picture

If you were Obama you could BLAME Canada...

Mon, 12/03/2012 - 11:13 | Link to Comment Enslavethechild...
EnslavethechildrenforBen's picture

President Bush stole so much money that he went and bought an entire foreign country

Mon, 12/03/2012 - 11:41 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Dee everyone?  See Greeks?

This is what happens when the banksters own your politicians, via their families, bribes, outright graft, blackmail, etc, (i.e. Deep Capture). You'll never be free nor will you ever be free of being abused, raped, pillaged & bocicafubarsnafu'd.

Mon, 12/03/2012 - 11:44 | Link to Comment caconhma
caconhma's picture

G-Paps family deserves every penny. They were/are the best friends of the world Zionist Banking Mafia and Israel. So, they were richly rewarded. What are few billion dollars printed for such good friends?

I would not be surprised if the G-Paps family net is well in excess of few billion dollars. Certainly, the bogus Forbes list of billionaires did not mentioned G-Paps or Rothschilds or Rockefellers or Wuborgs, etc, The Forbes list is for “little people”.

Mon, 12/03/2012 - 12:03 | Link to Comment gmrpeabody
gmrpeabody's picture

I wouldn't be a bit surprised if 89 year old Mom doesn't even know she has 700 million....

Her good son took over as executor of her finances years ago, you know, paying her bills and making an occasional investment and such. All her needs being delivered in plain paper boxes at her doorstep for her. What a good son...

Mon, 12/03/2012 - 12:59 | Link to Comment ACP
ACP's picture

I wonder if she has 7,000 pairs of shoes also?

Mon, 12/03/2012 - 12:59 | Link to Comment monoloco
monoloco's picture

If these sorry fucks gave half a shit about their country, they'd return some of the money they stole.

Mon, 12/03/2012 - 10:21 | Link to Comment monoloco
monoloco's picture

That's only the money in her Swiss account, I'm sure she's diversified.

Mon, 12/03/2012 - 11:12 | Link to Comment BigJim
BigJim's picture

I'm sure she earned every penny. And paid tax on it, too.

Mon, 12/03/2012 - 12:32 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Thank goodness for the Productive Class.

Mon, 12/03/2012 - 09:52 | Link to Comment knukles
knukles's picture

Gosh mommy!
Where'd you get all that money?
Why, I never....

Mon, 12/03/2012 - 10:36 | Link to Comment Sudden Debt
Sudden Debt's picture

removeable dental works... the secret to great blowjobs...

Mon, 12/03/2012 - 11:01 | Link to Comment IToldYouSo
IToldYouSo's picture

Sorry, had to down ya, cant get the image out of my head ..............................urrrrrrrrrgh yuck!

Mon, 12/03/2012 - 11:07 | Link to Comment Sudden Debt
Sudden Debt's picture

You're not a religious man he?

Just lookup in the Bible why God invented the lightswitch...

 

Mon, 12/03/2012 - 21:17 | Link to Comment knukles
knukles's picture

Whaaaaa?

(sound of switch being thrown but no light shining...)

Mon, 12/03/2012 - 09:47 | Link to Comment Looney
Looney's picture

ZIRP... NIRP... It's time to roll out the big bazooka - SRIRP (Square Root Interest Rate Policy)   ;-)

Looney

Mon, 12/03/2012 - 09:29 | Link to Comment ihedgemyhedges
ihedgemyhedges's picture

Is she single?

Mon, 12/03/2012 - 09:51 | Link to Comment Looney
Looney's picture

Yes, she is single with shingles  ;-)

Mon, 12/03/2012 - 09:53 | Link to Comment knukles
knukles's picture

She need the roof of her mouth fixed?

Mon, 12/03/2012 - 09:57 | Link to Comment GMadScientist
GMadScientist's picture

She will.

Pepsodent!

Mon, 12/03/2012 - 10:03 | Link to Comment knukles
knukles's picture

Squeeze my tube

Mon, 12/03/2012 - 10:57 | Link to Comment I am on to you
I am on to you's picture

Oh shes gota be,if one looks like" Reverend Henry Kane"from Poltergeist,you gota ask your self,What did Papa Androido drink, before he got into close encounter with that thing,ill suspect, she was in the botlle,and he forgot to spit it out!!

Ill suspect at blend of the good oll,CFR mixture,vintage 1600 and forgotten,well,of to Montevideo,allo allo!

Mon, 12/03/2012 - 09:30 | Link to Comment old naughty
old naughty's picture

Shoot, don't talk.

It's not enough to save the country anyeay.

Mon, 12/03/2012 - 09:37 | Link to Comment schatzi
schatzi's picture

I pray for the day we can round these shitbags up. All of them. From Germany to Greece.

Mon, 12/03/2012 - 09:53 | Link to Comment gmrpeabody
gmrpeabody's picture

I was wondering who would scream for her head first..., usually somebody that knows the least.

Mon, 12/03/2012 - 09:54 | Link to Comment knukles
knukles's picture

Where the fuck do the Yank politicians hide thier oddly acquired funds?

The Fed or a Fed member bank?
Really!
Oh, never mind....

Mon, 12/03/2012 - 10:00 | Link to Comment gmrpeabody
gmrpeabody's picture

Oddly enough..., they don't even try to hide them. Why..., doesn't everybody make 200k profit from a 2k investment tip every now and then. It's all legal here.

Mon, 12/03/2012 - 10:03 | Link to Comment knukles
knukles's picture

(moment of silence as light bulb goes on)

Damn....

Mon, 12/03/2012 - 10:39 | Link to Comment mvsjcl
mvsjcl's picture

At a bank whose head has a secure phone line that runs up through the clouds.

Mon, 12/03/2012 - 09:57 | Link to Comment Lebensphilosoph
Lebensphilosoph's picture

I pray for the day I can steal $700 million from you schmucks and get away with it.

Mon, 12/03/2012 - 09:58 | Link to Comment GMadScientist
GMadScientist's picture

You may have just determined the primary driver of your failure thus far.

Mon, 12/03/2012 - 10:16 | Link to Comment overmedicatedun...
overmedicatedundersexed's picture

thank goodness this wealth could never be obtained by our presidents..bill clinton now net worth over 90 million, obumba buying multi million estate in hawii.. bushs have multiple presidents all with multiple millions.on second thought never mind.

Mon, 12/03/2012 - 11:25 | Link to Comment williambanzai7
williambanzai7's picture

HANDBRAUSE

Mon, 12/03/2012 - 09:23 | Link to Comment spankfish
spankfish's picture

Got Baklava bitchez!

Mon, 12/03/2012 - 10:42 | Link to Comment Joe Davola
Joe Davola's picture

I wish, my great aunt would make that when we would gather at their house for New Years Day - mmmm, mmmm, mmmmmmmmmmmmm!

Mon, 12/03/2012 - 09:27 | Link to Comment ziggy59
ziggy59's picture

Hmmmm... Maybe its me, but i dont think this woman made her money modeling.

Mon, 12/03/2012 - 09:42 | Link to Comment JPM Hater001
JPM Hater001's picture

Modeling schmodeling...this happens all the time.  I found an old passport savings account from when I was a kid.  Interest compounding over the years and it turns out I'm a millionaire...

At her age it is a plausible story you know...

Mon, 12/03/2012 - 09:45 | Link to Comment flapdoodle
flapdoodle's picture

Clearly she accumulated $700m by being thrifty with young G-Pap's lunch money...

Mon, 12/03/2012 - 09:59 | Link to Comment CH1
CH1's picture

Cattle futures!

Had to be!

Mon, 12/03/2012 - 12:55 | Link to Comment ZeroHour
ZeroHour's picture

I'll bet one dollar it was O.J. futures.   Selling 200 April 142's to be specific.

Mon, 12/03/2012 - 10:20 | Link to Comment vato poco
vato poco's picture

Aw, you know how moms are: always clipping coupons, shopping only on 'Super Seniors Discount Day!'.......it adds up after awhile.

Mon, 12/03/2012 - 10:32 | Link to Comment Lebensphilosoph
Lebensphilosoph's picture

Granny porn?

Mon, 12/03/2012 - 09:27 | Link to Comment Cursive
Cursive's picture

This should be interesting. I warming up my popcorn....

Mon, 12/03/2012 - 09:31 | Link to Comment FubarNation
FubarNation's picture

And the people will just sit there and take it.  Well they would if it was America. 

 

Anyone know what time Hill People is on?

Mon, 12/03/2012 - 09:56 | Link to Comment knukles
knukles's picture

Aren't they on Recess his week campaigning for contributions?

Oh, you mean those Hill People!

Mon, 12/03/2012 - 09:31 | Link to Comment dirtyfiles
dirtyfiles's picture

Margaret Papendreou Frankenstein

Mon, 12/03/2012 - 09:32 | Link to Comment lizzy36
lizzy36's picture

Please god, let my mom have a secret swiss account with $700m in it. PLEASE!!!!!!

Mon, 12/03/2012 - 09:37 | Link to Comment GetZeeGold
GetZeeGold's picture

 

.....with sugar on it - The Corzines

Mon, 12/03/2012 - 09:56 | Link to Comment GMadScientist
GMadScientist's picture

Meet me half-way, steal the $700M.

Mon, 12/03/2012 - 11:41 | Link to Comment resurger
resurger's picture

lol

Mon, 12/03/2012 - 12:16 | Link to Comment Itch
Itch's picture

What, like her old tights weren't enough for you? This generation, so ungrateful.

Mon, 12/03/2012 - 09:37 | Link to Comment sessinpo
sessinpo's picture

The 1%, in every country, in every economic system. You can buy the stories the politicians and media use to attack the 1%, but somehow they (the 1%) always exist and stay that way. At some point, you'll realize the politicians and media are playing everyone for fools. And the 1% will continue on.

No comment on the thought that this wealthy person has her assets outside of Greece to avoid local political taxation, regulation and corruption? The wealthy are the most upward financially mobile people and move their wealth around to their benefit.

I don't know if the story is true or how she got her wealth. At this point it is mute. The lesson here is whether you follow liberal socialist failed policies (like they are) or come to your senses. Go bankrupt Greece.

Mon, 12/03/2012 - 09:57 | Link to Comment knukles
knukles's picture

The Pols and the Media Are the 1%

Mon, 12/03/2012 - 09:36 | Link to Comment the not so migh...
the not so mighty maximiza's picture

65 years ago she was a hottie, greeks love their blue eyed red heads....

Mon, 12/03/2012 - 09:38 | Link to Comment UGrev
UGrev's picture

@89 years old, why would anyone have more than $699.9 million in the bank. 

Mon, 12/03/2012 - 09:56 | Link to Comment GMadScientist
GMadScientist's picture

c) "I was just holding it for a friend."

 

Mon, 12/03/2012 - 09:50 | Link to Comment Mercury
Mercury's picture

Big government, big money. If you want to get rich in a land where the government dominates everything - get real close to the government.

Michelle Obama had a series of pretend jobs on her way to the White House, mostly at a Chicago hospital and in the $300k - $600k range. I bet this old lady's "career" didn't start out too differently. Remember, her money has been compounding for a long while and during a time when we actually had interest rates.

Mon, 12/03/2012 - 10:06 | Link to Comment reload
reload's picture

That would not add up to 700Mill would it?

She probably earned the rest fair and square - helping negotiate government contracts for her husband and son.

The 700mill is probably great value for the greeks (sarc off)

Mon, 12/03/2012 - 09:40 | Link to Comment PaperBear
PaperBear's picture

Did she lawfully earn every penny of this $700 million ?

Mon, 12/03/2012 - 09:54 | Link to Comment Rainman
Rainman's picture

" Half of the Greek non-lawyer parliamentarians are in the Top 3 tax evading industries and nearly a super majority in the Top 4 evading industries ".

http://www.guardian.co.uk/world/2012/sep/09/greece-tax-evasion-professional-classes

Mon, 12/03/2012 - 09:40 | Link to Comment dirtyfiles
dirtyfiles's picture

Time for the Tinkoff Bank to become new trend.

Mon, 12/03/2012 - 09:42 | Link to Comment PapSmear
PapSmear's picture

Austerity bitchez

Mon, 12/03/2012 - 09:42 | Link to Comment Silverhog
Silverhog's picture

Google search of Margaret Papandreou naked does not pull up any images. Wonder why.

Mon, 12/03/2012 - 09:46 | Link to Comment a growing concern
a growing concern's picture

That's a dangerous game you're playing...

Mon, 12/03/2012 - 10:01 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

This is why I only use Yahoo.

 

Former Greek PM G-Pap's 89 Year Old Mother Said To Have $700 ... Google search of Margaret Papandreou naked does not pull up any images. Wonder why. Login or register to post comments; Mon, 12/03/2012 - 08:46 | 3029331 a growing concern.

www.zerohedge.com/news/2012-12-03/former-greek-pm-g-paps... - Cached

Mon, 12/03/2012 - 09:54 | Link to Comment GMadScientist
GMadScientist's picture

a) Apply goggles.

b) Turn off safe-search. ;)

Mon, 12/03/2012 - 12:49 | Link to Comment Essential Nexus
Essential Nexus's picture

No.  You typed it in wrong.  It's "crow with no feathers"

Mon, 12/03/2012 - 09:46 | Link to Comment Tabarnaque
Tabarnaque's picture

 

This is what happens to those who, in the end, turn their back on the banking cartel. They are making an example out of Panpandreou to let all the other puppets of this world know what will happen to them if they turn their back on the cartel. Being swiftly removed wasn’t the end of his disgrace. This is the price Panpandreou will have to pay for having mentioned the word “Referendum” while the fascist banksters are pushing their authoritarian agenda over Europe. This being said, it doesn’t change anything about how corrupt the whole thing really is.

 

 

Mon, 12/03/2012 - 09:47 | Link to Comment zilverreiger
zilverreiger's picture

peck and feather this old hag

I hear the bad bad germans talk is quieting down bahaha eat crow goat fuckers

Mon, 12/03/2012 - 09:50 | Link to Comment Volaille de Bresse
Volaille de Bresse's picture

I would do her... with Viagra and I'd have the lights turned off!

I mean 550 mil... I would get a half... Yum!

 

Seriously now : I betcha the Euro MSM wil not mention this info right? 

Mon, 12/03/2012 - 09:53 | Link to Comment GMadScientist
GMadScientist's picture

Bonus points if you can identify which hole you got.

Mon, 12/03/2012 - 10:00 | Link to Comment knukles
knukles's picture

 

 

 

I
would
not
care

Baggers can't be choosers

Mon, 12/03/2012 - 10:04 | Link to Comment GMadScientist
GMadScientist's picture

A pragmatist; you'll go far, kid!

Mon, 12/03/2012 - 10:45 | Link to Comment youngman
youngman's picture

At that age you might accidently make a new hole....

Mon, 12/03/2012 - 11:06 | Link to Comment BandGap
BandGap's picture

Best one yet.
Be like screwing a mummy.

Mon, 12/03/2012 - 14:03 | Link to Comment falak pema
falak pema's picture

well she is swiss like its cheese, if she wants to keep her money.

Mon, 12/03/2012 - 09:48 | Link to Comment q99x2
q99x2's picture

Likely target for funding the 10 billion bond purchase.

She resembles Darth Vader's boss.

I recommend arresting her and then to redistribute her stolen wealth to the citizens of Greece.

Mon, 12/03/2012 - 11:05 | Link to Comment BandGap
BandGap's picture

She looks like Fire Marshal Bill in drag.

Mon, 12/03/2012 - 09:52 | Link to Comment Volaille de Bresse
Volaille de Bresse's picture

Mom "better call Saul!"

Mon, 12/03/2012 - 10:05 | Link to Comment GMadScientist
GMadScientist's picture

What's the Greek equivalent of a carwash?

Mon, 12/03/2012 - 09:53 | Link to Comment GMadScientist
GMadScientist's picture

That's one hard-working prostitute; and you called the Greek lazy!

Mon, 12/03/2012 - 09:55 | Link to Comment ugmug
ugmug's picture

Bank accounts have become the modern day Pyramids and all the politicians have kindly began the process of self-mummification so they can join all their money upon death.

Mon, 12/03/2012 - 09:59 | Link to Comment Volaille de Bresse
Volaille de Bresse's picture

"Maggie's days as the first lady of Greece came to an abrupt halt when her husband met Olympic Airlines stewardess, Dimitra Liani in 1989. The aged PM divorced Margaret to make the young stewardess his third wife"

 

Yeah I remember that broad. The Greek tabloids had pix of her doing "things" to a dog...

 

Oh Greece!

Mon, 12/03/2012 - 10:02 | Link to Comment knukles
knukles's picture

Oh, KY

(jelly, not the state)

Mon, 12/03/2012 - 10:29 | Link to Comment Oldrepublic
Oldrepublic's picture

In 1991 Netanyahu married his third wife, Sara Ben-Artzi, a psychology major working as a flight attendant, whom he met while traveling on an El Al flight from New York to Israel.

Mon, 12/03/2012 - 10:01 | Link to Comment rwe2late
rwe2late's picture

 Theft, deceit, and secrecy are partners in crime.

Theft from the public is facilitated by secrecy from the public.

 "Private" federal banking, huge armies, and endless wars depend on secrecy, promote ever more secrecy, and hence ever more corruption.

That's why big banks and big military establishments are ALWAYS identified with plutocracy and autocracy.

And that's why they have always been identified as the institutions posing the BIGGEST threat to freedom.

Mon, 12/03/2012 - 10:03 | Link to Comment dwayne elizando
dwayne elizando's picture

Looks to me like that family will be heading back to Canada!

Mon, 12/03/2012 - 10:03 | Link to Comment dwayne elizando
dwayne elizando's picture

Looks to me like that family will be heading back to Canada!

Mon, 12/03/2012 - 10:05 | Link to Comment Debugas
Debugas's picture

money-junkies

Mon, 12/03/2012 - 10:09 | Link to Comment Quinvarius
Quinvarius's picture

I am sure she earned that money working nights or something.

Mon, 12/03/2012 - 10:18 | Link to Comment The Gooch
The Gooch's picture

Pap smear.

Mon, 12/03/2012 - 10:21 | Link to Comment supafuckinmingster
supafuckinmingster's picture

She didn't earn that.....

Mon, 12/03/2012 - 10:24 | Link to Comment overmedicatedun...
overmedicatedundersexed's picture

"some people just need killin..." the motto for a new generation coming soon to America.

Tue, 12/04/2012 - 11:35 | Link to Comment PrinceDraxx
PrinceDraxx's picture

double post. Site lag

Tue, 12/04/2012 - 11:34 | Link to Comment PrinceDraxx
PrinceDraxx's picture

Bullshit, look at her, she earned every penny of it, the old fashioned way...oldest profession in the world.

Mon, 12/03/2012 - 10:23 | Link to Comment Stuck on Zero
Stuck on Zero's picture

Obama and the rest of the sociopaths in Washington feel justified in going after people stashing their money in Switzerland.  They keep their billions in the Vatican bank!

 

Mon, 12/03/2012 - 10:25 | Link to Comment Dr. Engali
Dr. Engali's picture

I don't know what is wrong with this world. It's getting so bad that a lifetime public servant can't live out her twilight years with the cash she carefully dollar cost averaged into a portfolio of mutual funds and allowed the earnings to compound over the years without getting a hard time. 

Mon, 12/03/2012 - 10:48 | Link to Comment youngman
youngman's picture

It would be very interesting to see the history of the deposits to this account.....they probably time with some big new law or deals in Greece as payoffs...I am sure its not a weekly Christmas club deposit....lol

Mon, 12/03/2012 - 10:26 | Link to Comment Wakanda
Wakanda's picture

Loukanikos is hungry, maybe she could help?

Mon, 12/03/2012 - 10:26 | Link to Comment forwardho
forwardho's picture

Hey tyler, just got a major hat tip from Beck on last nights "reallity has consequences" post. Not surprising, reading the rather over the top comments that where coming in.

Mon, 12/03/2012 - 10:31 | Link to Comment overmedicatedun...
overmedicatedundersexed's picture

from england we have:

  9:32PM GMT 02 Dec

Credit reference agencies will cross-check details of the income people declare on their tax returns against their spending patterns to identify “high” and “medium” risks of both illegal and legal tax avoidance.

People identified to HM Revenue and Customs will then be subject to more detailed investigations. About two million people are expected to be scrutinised under the programme, which may lead to privacy concerns.

HMRC will today unveil the “successful” results of a pilot programme involving about 20,000 people which will now be extended nationally.

Many of those who are expected to be identified are likely to be self-employed workers who have under-declared their income to the authorities.

However, those who have benefited from secret windfalls – such as an inheritance or a bonus – and people with secret offshore accounts could also be highlighted."

I doubt one pol gets on this list.

 

Tue, 12/04/2012 - 04:29 | Link to Comment AE911Truth
AE911Truth's picture

In ref to: "I doubt one pol gets on this list."

The pols will be on the secret list. This info will be used to blackmail them into doing the bidding of their "owners", or else they will be destroyed.  This is how and why the system is completely corrupt.

Mon, 12/03/2012 - 10:26 | Link to Comment ItsDanger
ItsDanger's picture

Ok, she took the money.  Given that its in a bank acct, the transactions are on record.  Meaning, the authorities could seize the funds if the source wasnt justified.  If Greek unemployment is so bad, here's a job for someone.  There, i created at least 1 job for their economy.

Tue, 12/04/2012 - 11:31 | Link to Comment PrinceDraxx
PrinceDraxx's picture

Its, that is their problem to start with and you want to ad to it? Too many working for the government and you are trying to add another.Do it Obama style, just take 99% of it. She will still have plenty  of money and that will leave a big juicy pie for the politicians to carve up so they can help themselves...wait....I think they are supposed to help their constituents...umm oh forget the constituents lets carve the pie, I need a retirement fund. Don't be hatin'...what would poor people do with money anyway? Just waste it on frivilous items, like food and utilities. Peasants.

Mon, 12/03/2012 - 10:29 | Link to Comment LoneStarHog
LoneStarHog's picture

Does Mom know that her son's name (G-Pap) sounds like a gynecological procedure? She should have just named him Sue.

Mon, 12/03/2012 - 10:34 | Link to Comment Sudden Debt
Sudden Debt's picture

MOM!!!! DON'T SAY THAT IN PUBLIC!!

YOU ALWAYS DO THAT TO ME!!!

 

Mon, 12/03/2012 - 10:49 | Link to Comment Samsonov
Samsonov's picture

Andreas G. Papandreou (1919–1996) was a Harvard-trained academic, a Greek economist and socialist politician.  Ivy league--check.  Economist--check.  Academic--check.  Socialist--check.  What's the problem?  He deserved every penny.

Mon, 12/03/2012 - 10:41 | Link to Comment yellowsub
yellowsub's picture

Now you know why Greece is broke, that's one hell of a pension.

Mon, 12/03/2012 - 10:45 | Link to Comment IamtheREALmario
IamtheREALmario's picture

A. It is all funny money and ultimately the quantity you have is meaningless.

B. Oooooooo ... doesn't she look like the "evil one", all possessed and all ... wonder if she is still fond of that deal she made?!?

Mon, 12/03/2012 - 10:48 | Link to Comment buzzsaw99
buzzsaw99's picture

Ick.

Mon, 12/03/2012 - 10:53 | Link to Comment SmoothCoolSmoke
SmoothCoolSmoke's picture

And people wonder how a guy like Karl Marx got rolling.............

Mon, 12/03/2012 - 11:01 | Link to Comment Miss Expectations
Miss Expectations's picture

Tip: Dimitra Liani has more than $700 million.

Mon, 12/03/2012 - 14:00 | Link to Comment falak pema
falak pema's picture

and the iceberg?

Mon, 12/03/2012 - 11:01 | Link to Comment drbill
drbill's picture

It's good to be the king (or king's mom)!

Mon, 12/03/2012 - 11:07 | Link to Comment redd_green
redd_green's picture

Re "Obama made it s badge of honor to rat out anyone you know who has a bank account in Zurich or Geneva," what crap.   The  US government started looking for nickels in the street a decade before Obama.   I am NO fan of the Obama admin, but get your facts straight:   those in power, the people that run our government. will do anything to stay in power.  They will turn every human in the USA upside down and shake whatever they can out of our pockets.   Blaming it on the democrats makes it sound like you think you know something that you really don't.   And if you think the president runs the country, then maybe you should start writing for Human Events instead of ZeroHedge.

Mon, 12/03/2012 - 11:07 | Link to Comment Vendetta
Vendetta's picture

I'm so sad that swiss banking secrecy has been compromised as if it has made  a difference in the money laundrying schemes ....

Mon, 12/03/2012 - 11:13 | Link to Comment constantine
constantine's picture

For the record, Papendreou was reelected and more popular after the affair with the airline stewardess.  I've never understood why voters are so quick to pass off infidelity and downright juvenile behavior (Berlesconi) as irrelevant and separate from their political and professional lives.  Guess what... if somebody is a slimeball in their personal lives, it's a good chance that they're a slimeball in the manner in which they govern.  People generally don't just have an on/off switch where they choose to act like a jackass in one forum but then decide to be honorable in another.  You're either a jackass or not... and this concludes my phd-level psychology dissertaion.

Mon, 12/03/2012 - 11:15 | Link to Comment Aurora Ex Machina
Aurora Ex Machina's picture

Partial Scans of HSBC Greek list (You'll note that even Home Depot is wanted).

 

The interesting part:

Entry 1804: Goldman Company SA.

 

So... that's got to be a different Goldman, right?

 

Mon, 12/03/2012 - 11:16 | Link to Comment williambanzai7
williambanzai7's picture

Guess how many Congressmen become millionaires after they obtain elected office.

Mon, 12/03/2012 - 12:53 | Link to Comment WillyGroper
WillyGroper's picture

I'm just guessin'. Would that be 535?

Tue, 12/04/2012 - 12:39 | Link to Comment e-recep
e-recep's picture

democracy and capitalism work wonders..

Mon, 12/03/2012 - 11:26 | Link to Comment MountainMan
MountainMan's picture

How can two generations on state salary amass such wealth? The Greeks should hang these bastards!

Mon, 12/03/2012 - 12:39 | Link to Comment SmittyinLA
SmittyinLA's picture

Ask Nancy Pelosi or Difi.

Mon, 12/03/2012 - 11:59 | Link to Comment robertocarlos
robertocarlos's picture

Looks like she earned it the hard way.

Mon, 12/03/2012 - 12:18 | Link to Comment wally_12
wally_12's picture

Will she buy any foreclosed property in the U.S. and become a U.S. citizen?

Mon, 12/03/2012 - 12:37 | Link to Comment SmittyinLA
SmittyinLA's picture

Did she officially renounce her US citizenship and get the form?

Because if she didn't she's still subject to US income and estate taxes.

 

Mon, 12/03/2012 - 12:58 | Link to Comment andyupnorth
andyupnorth's picture

"It is not austerity that is the primary cause of misery for the Greeks, although Greek politicians sure enjoy laying the blame for everything on belt-tightening. It is the outright theft and plunder by those who are supposed to be in charge of fixing Greece that is the reason why now Greece, and soon everyone else, has become such an economic basket case."

 

"Andreas G. Papandreou (1919–1996) was a Harvard-trained academic, a Greek economist and socialist politician.  Ivy league--check.  Economist--check.  Academic--check.  Socialist--check."

 I love Zero Hedge!

Mon, 12/03/2012 - 13:27 | Link to Comment ItsDanger
ItsDanger's picture

Still remember my uncle's story of A-Pap crapping his drawers in a big meeting back in the day.

Mon, 12/03/2012 - 14:18 | Link to Comment Nussi34
Nussi34's picture

Most likely GPAP Sr. sold lots of donkeys before buying his Mercedes with government money

Mon, 12/03/2012 - 14:36 | Link to Comment Joebloinvestor
Joebloinvestor's picture

Costas Vaxevanis deserves a Noble prize.

Tue, 12/04/2012 - 06:45 | Link to Comment Martel
Martel's picture

Before seeing her picture, I did not know what a shit-eating grin is,

Tue, 12/04/2012 - 20:17 | Link to Comment fiddy pence haf...
fiddy pence haff pound's picture

great. rumour mill. you can't make the Swiss talk.

 

and G-Pap gets to smile that liar's smile and nobody

can jail him.

Most of that money could have come from the

poison pill derivative that G-Pap extricated from

Hellenic Post Bank and made disappear.

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