Seeking Alpha

Aiming to fix its banks once and for all, Spain's government unveils new reform measures. Of...

Aiming to fix its banks once and for all, Spain's government unveils new reform measures. Of most interest are steps for the creation of a bad bank (along the lines of Ireland's NAMA?) to take on the failed loans and foreclosed property sitting on lenders' books.
Comments (2)
  • THAT's a splendid idea, just what they need, another bank.

     

    Capt. Brian
    The Lost Navigator
    2 Sep 2012, 10:55 AM Reply Like
  • Reading the link, I see that no mention is made of the problems in the regions that comprise Spain. I believe that we're up to 3 now, that are seeking "help" from the government (Catalonia, Valencia, and Murcia).
    2 Sep 2012, 02:19 PM Reply Like
DJIA (DIA) S&P 500 (SPY)