Debt restructure, yawn.
It would be nice to see them get caught for something really evil, like funding Al Queda or the Taliban. Then maybe they would go away. They'll shrug that off and be back in business in a few days.
While I agree with your statement Dogfish it's been just this kind of attitude that has let them get away with deals like this for so long. That, and the fact that the Treasury and the Fed are riddled with their former employees.
This story has been out for a few weeks now. CNBC is behind the curve as usual and printed a more sanitized version of events. What people should be asking themselves is what other governments has Goldman and JPMorgan sucked into this debt trap? Rumors around that Goldman has done the same thing for England. How about our government? Would we even know? All the more reason to demand the passing of HR1207 and SB604 and audit the federal reserve. As GAO Fed audit rules stand now the Fed could be secretly propping up Greece through their central bank or the ECB and we wouldn't know.
Sure, it'd be great to find out that GS was funding the Taliban (ironically enough, the Pentagon already does that indirectly BTW) so the masses would have something they could understand. Shouldn't matter, the crimes this syndicate have committed to date warrant more than a few arrests now.