European Tribune - Comments - UK - World's Top Financial Centre?

UK - World's Top Financial Centre? | 70 comments (70 topical, 0 editorial, 0 hidden)

Re: The relevent question is ... (4.00 / 3)

Spanish banks have acquired so many properties through foreclosure and repossession in the last year or two that they have set up special real estate subsidiaries to sell their stock of foreclosed property. I don't have statistics on the number of repossessions, though.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Wed Oct 14th, 2009 at 07:00:34 PM EST
[ Parent ]

Re: The relevent question is ... (none / 0)

Just like the Swedish banks 15 years ago.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Thu Oct 15th, 2009 at 10:32:18 AM EST
[ Parent ]

UK - World's Top Financial Centre? | 70 comments (70 topical, 0 editorial, 0 hidden)

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