SAREB/Bad Bank

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    • December 11, 2012 at 11:55 am #57175
      Anonymous
      Participant

      Any news on this i.e. has it start operating, where are the offices, how are they going to sell the properties, will the properties comes with a mortgage & if yes who is going to process the mortgage etc, etc ??

    • December 12, 2012 at 3:43 pm #113863
      logan
      Participant

      Katy posted this link on another thread.
      http://www.reuters.com/article/2012/12/07/spain-bad-bank-idUSL5E8N3HSH20121207
      Quote:
      “our feeling is it’s complete chaos”.
      BBVA have declined to take part. Others being pressurised by government. Who really wants it? The ECB. 🙁

    • December 12, 2012 at 9:06 pm #113867
      Anonymous
      Participant

      Yep, sounds very much like Spain.

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