Spain's Cajas to Reveal Real Estate Losses

The Bank of Spain is to force the cajas, Spanish savings banks to reveal the extent of their property losses. The thinking behind this move is the same as the thinking that prompted the stress tests in both the US and Europe; ... or may not have a position in any security referenced herein. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions. ...

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