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"Ten Days Later" - Bankia: The Supreme Irony

By: capt_nemo in ROUND | Recommend this post (0)
Tue, 29 May 12 5:17 PM | 40 view(s)
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Submitted by Tyler Durden on 05/29/2012 08:48 -0400

The Economist

The May 19 issue of The Economist had the following truly prophetic ad among its pages for the now failed, and bailed out, Bankia: "Some are happy the way they are, others, like us, prefer to discover what we can become."

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Ten days later the discovery process is complete: Bankia is now the biggest bank failure in Spanish history.

Our question: will The Economist invoice for advertising services rendered be paid out of bailout funds? Or, like Aurelio Izquierdo's €14 million termination payment, will this money come from "non-bailout money"?
http://www.zerohedge.com/news/ten-days-later-bankia-supreme-irony




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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