Spain: 'bad bank' to be 55 pct private-owned
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Spain: 'bad bank' to be 55 pct private-owned

Madrid : Spain | Oct 03, 2012 at 3:48 AM PDT
Source: Turks and Caicos Free Press
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Spain 's Economy Minister Luis de Guindos says a 'bad bank' being set up to allow lenders to offload bad investments will be 55 percent privately-owned. Speaking Wednesday in Parliament, De Guindos says the stake in the bad bank would be offered to private sector companies , who might hope to turn around... FULL ARTICLE AT Turks and Caicos Free Press
 
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