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    Bitter shareholders put Bankia chief on spot

    Fri, 06/29/2012 - 12:48 EDT - Yahoo! Business News
    • YahooBizNews

    The headquarters of Spain's lender bank Bankia is seen in MadridVALENCIA, Spain (Reuters) - Small-scale investors who lost money in Spain's biggest banking failure shouted their anger at the head of Bankia in the first shareholder meeting since it applied for 19 billion euros ($24 billion) of state aid. More than 100 investors - some in tears - took turns at a microphone to vent their fury at chief executive Jose Ignacio Goirigolzarri, while 50 others banged pots and blew whistles outside the meeting in Valencia. ...

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    • Bitter shareholders put Bankia chief on spot

      VALENCIA, Spain (Reuters) - Small-scale investors who lost money in Spain's biggest banking failure shouted their anger at the head of Bankia in the first shareholder meeting since it applied for 19 billion euros ($24 billion) of state aid.

    • Bitter Shareholders Put Bankia Chief on Spot

      Small-scale investors who lost money in Spain's biggest banking failure shouted their anger at the head of Bankia in the first shareholder meeting since it applied for 19 billion euros of state aid. More ...

    • Spain's Plans to Recapitalize Bankia Will Put Germany, ECB at Risk; When Does the Ponzi Scheme Collapse?

      Inquiring minds are interested in the recapitalization plans for the Bankia. Please consider this chain of posts. ABC News reports Spain's Bankia set for massive bailout. Spain's fourth-biggest bank Bankia says it is certain of securing the 19 billion euros ($24 billion) in state aid it is seeking in the largest bank bailout in the country's history.

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    • Bankia customers pull out over 1 billion euros: report

      MADRID (Reuters) - Customers at nationalized Spanish bank Bankia SA have taken out more than 1 billion euros ($1.3 billion) over the past week in a sign of fast-fading confidence in the lender, a newspaper reported on Thursday. Newly appointed Chairman Jose Ignacio Goirigolzarri informed a board meeting on Wednesday about the exit of funds from the bank, El Mundo said, citing information from the board meeting it had seen. Bankia, the Bank of Spain and the economy ministry declined to comment on the report. ...

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