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    Getting Into Bed With One Spanish Bank Now A Risk-Free Proposition

    Spain, as you may have heard, does not have a lot going for it at the moment. Its bond yields have crossed 7 percent, unemployment is at something like 70 percent, and on Monday, it announced a rather poorly received bailout of the country’s banks. Investors don’t want to touch their financial institutions with a 100 foot pole. One bank that knew this rejection all too well? Banco Santander, probably on account of the open sores. Today, though, that’s all about to change.

    / Jun 14, 2012 at 12:17 PM