Saturday, May 30, 2015

Linde justify the recapitalization of the banks to “save” … – Yahoo Finance Spain

Sitges (Barcelona), May 30 (EFE) .- The governor of the Bank of Spain, Luis María Linde, today defended the recapitalization of banks with money public has had as its primary objective “save depositors” and not to shareholders.

Speaking at the final day of the meeting of the Circle of Economy held in Sitges (Barcelona), Linde has secured if anything characterizes the Spanish crisis is that its leaders have been “investigated or punished.”

In response to a question about the negligence of the banks during this crisis, Linde has admitted that the list of managers the sector under investigation or sanction is “very, very long”, but insisted that in Spain has been held accountable in this regard

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