[TigerLikesRooster]

Somebody commented at this forum(was it you?) that Spanish regional banks are all filled with political cronies appointed by the socialist governments. If I don't remember the further details, basically way too many skeletons are in their closets, waiting for the day to wreak havoc.

[J Aguilar]

That’s right. The “cajas”, or regional banks owned by the regional governments constitute the biggest part of the Spanish credit problem and a distortion of the free market.