Description: Cobbling a bunch of zombie banks together has created a monster that the Spanish government cannot afford to kill. More consolidation isn’t the answer.

Source: Fortune.com

Date: May 31, 2012

Link: http://finance.fortune.cnn.com/2012/05/31/spain-bank-failures/?iid=SF_F_River

Questions for Discussions:

• What are the arguments presented?
• How would this scenario play out in terms of the Euro and European stock markets?