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Spain admits error in China savings banks plan
Forbes.com ^ | 14 April 2011 | CIARAN GILES

Posted on 04/19/2011 11:28:59 AM PDT by J Aguilar

MADRID -- The Spanish government said Thursday a communication error led it to claim China's sovereign wealth fund was studying a plan to inject euro9.3 billion ($13.5 billion) into Spain's ailing savings bank sector.

(Excerpt) Read more at forbes.com ...


TOPICS: Extended News; Foreign Affairs
KEYWORDS: sovereigndebt; spain
A communication error that led the Spanish stock exchange into a rally...
1 posted on 04/19/2011 11:29:07 AM PDT by J Aguilar
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To: J Aguilar

Sometimes mistakes can be profitable.

For someone.


2 posted on 04/19/2011 12:49:09 PM PDT by mojito
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