Re: Re: Spain to ‘deep clean’ it’s financial sector.

#110411

logan
Participant

Here is the human cost of yet another Spanish financial scam. Selling preference shares through branch networks and convincing innocents their investment was solid and protected. It’s disgusting.

What’s the EU doing about it? Nothing they are encouraging it. đŸ˜¯ The government admit it should not have happened but that’s all they will do. This is a terrible loss to pensioners who have done the right thing in their lives, saved for their retirement and are now kicked in the teeth.

http://www.bloomberg.com/news/2012-07-11/spanish-bank-bailout-means-forcing-losses-on-cooks-pensioners.html