[Gocamino] Spanish Bank Crisis???

Tim tim at errecaldia.com
Sun Dec 18 13:38:00 PST 2011


Hi Glen,
     I'm very puzzled by this posting of yours.  You heard this on the 
BBC?  I have heard nothing like this and I have many friends living on 
the Costas.  I tried searching the BBC and could find no information.  
There are, no doubt, Spanish banks with problems as there are British 
banks and indeed banks in the USA but a UK plan to provide financial or 
any other form of succour is news to me.
It sounds a little callous in the face of such tales of mayhem but I'll 
take this opportunity of wishing you all the best for the Christmas 
festivities and for 2012.
Regards
Tim Proctor

On 18/12/11 20:49, Glenn Jilek wrote:
> I heard over the BBC that the Brits are making contingency plans to evacuate up to the million expats living there, who wouldn't have access to their funds in Spanish banks.  Apparently some of these people have invested all of their savings in banks that may be at risk.  It is was called "Preparing for a Financial Dunkirk".
>
> Any comments or other information from any of you on this topic...especially those currently in Spain????  It sounds like Spain is on the verge of a major catastrophe.
>
> Glenn
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