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?
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