[Gocamino] Spanish Bank Crisis???

[Johnnie Walker]

Hola
You are quite correct about the press reports. I think the story first appeared in the Sunday Times: http://www.thesundaytimes.co.uk/sto/ and was then repeated on the BBC programme with Andrew Marr when he does a review of the Sunday papers.   
The term "Financal Dunkirk" appears to have been coined by the Daily Mail who also picked up the story: http://www.dailymail.co.uk/news/article-2075721/A-financial-Dunkirk-Britain-draws-plans-rescue-expats-Spain-Portugal-hit-financial-oblivion.html
John
 
www.johnniewalker-santiago.blogspot.com
 


> Date: Sun, 18 Dec 2011 17:47:55 -0500
> From: vjpulver at pulverpages.com
> To: gocamino at oakapple.net
> Subject: Re: [Gocamino] Spanish Bank Crisis???
> 
> I heard a story on National Public Radio (NPR) this afternoon.  They 
> spoke of challenges for Brits having mortgages or banking in Spain...it 
> was a sobering story.
> 
> "Ginn"
> In Sunny SC
> 
> -------- Original Message --------
> Subject: 	Re: [Gocamino] Spanish Bank Crisis???
> Date: 	Sun, 18 Dec 2011 22:38:00 +0100
> From: 	Tim <tim at errecaldia.com>
> To: 	Glenn Jilek <guha2005 at hotmail.com>, GoCamino <gocamino at oakapple.net>
> 
> 
> 
> 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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