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Episode 378: How Spain Created A Banking Monster

Published June 12, 2012 at 7:55 PM CDT
A bunch of troubled little Spanish banks got together and became Bankia, a troubled big Spanish bank.
Pierre-Phillippe Marcou
/
AFP/Getty Images
A bunch of troubled little Spanish banks got together and became Bankia, a troubled big Spanish bank.

On today's show, we take you backstage in Spain's banking mess, the latest front in the never ending financial crisis that is Europe.

It's the story of how a group of people tried to fix a problem, but wound up creating a banking monster.

Music: Maldita Nerea's "El Secreto De Las Tortugas." Find us: Twitter/ Facebook/Spotify/ Tumblr. Note: Part of this podcast originally aired last year.

Copyright 2021 NPR. To see more, visit https://www.npr.org.

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