Bankia Shareholders Wiped Out
From Acting Man
December 28, 2012 - 7:25am
Reality Bites Bankia has come into being as the result of the merger of several insolvent Spanish cajas. It was floated in mid 2011, with a large amount of shares sold to Spanish retail investors (mostly depositors and employees of Bankia itself). At the time the shares were marketed as a “safe” investment likely [...]
December 28, 2012 - 7:25am
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