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El Pais newspaper reporting that several banks are a leetle bit...

  1. chookiewookie
    1,380 Posts.
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    23/07/10
    16:12
    Post #: 6937291
    El Pais newspaper reporting that several banks are a leetle bit in need of more capital....

    might be the reason for plunge just before 4pm...

    link to an interesting translation (via Google translate) here:

    http://translate.google.com.au/translate?hl=en&sl=es&u=http://www.elpais.com/&ei=GTJJTJ2fDYqWvAOo6MidBQ&sa=X&oi=translate&ct=result&resnum=1&ved=0CCYQ7gEwAA&prev=/search%3Fq%3Del%2Bpais%2Bnewspaper%26hl%3Den%26prmd%3Dn
    Price at posting: 0.0000 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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