World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Group
A detailed account of the unfolding crisis at Bankia bank in Spain during 2011-2014
04/01/2009
An account of the key players and the ufolding of critical events in the IPO offering for Bankia, and the unraveling of the bank in the months that followed, as the Spanish regulators and government failed to get a handle on problems and instead put their hope on an improving economy. On May 3, Mario Draghi warned about the problems at Bankia in Barcelona. On May 4, the heads of Spain's largest banks BBVA, Banco Santander and Caixa, told the government it had to takeover Bankia, setting in process the events leading upto the acceptance of $125 billion in EU aid to recapitalize Spain's banking system. Bankia was put together from seven failing cajas savings banks. The problems related to the housing bubble are seen throughout the cajas savings banks.
Grouped Articles
Spanish Banks More Vulnerable Than Italy's
Wall Street Journal 07.13.2011
Investors in Bankia to Sue Bank of Spain Over Losses
New York Times 05.09.2013
Wall Street Journal 09.28.2011
The Pain in Spain Falls Mainly on the Cajas
BusinessWeek 02.25.2010
Economist 05.29.2010
Spain's Bankia Returns to Profit
Wall Street Journal 02.04.2014
Rodrigo Rato Resigns as Executive Chairman of Bankia
New York Times 05.07.2012
New York Times 04.01.2009
Emilio Botin Who Built Up Santander Bank Dies at 79
New York Times 09.10.2014
Banks in Spain Skip Low-Yield Pain -- Overheard
Wall Street Journal 02.05.2015
Tumbling Interest Rates in Europe Leaves Some Banks Owing Money on Loans to Borrowers
Wall Street Journal 04.14.2015
E.C.B. Sees Early Progress From Its Bond-Buying Program
New York Times 04.15.2015
IPO Market Feels Chill From Stock Plunge
Wall Street Journal 08.25.2015
Spain's Handling of Bankia Repeats a Pattern of Denial
Wall Street Journal 06.11.2012
Spain's €100 Billion Gamble
Wall Street Journal 06.10.2012
Spain's Bailout: More Questions Than Answers
Wall Street Journal 06.11.2012
Bailout in Spain Leaves Taxpayers Liable for the Cost
New York Times 06.12.2012
Wall Street Journal 06.19.2012
Spanish Woes Cast Rescue in New Light
Wall Street Journal 06.20.2012
The European Central Bank Needs More Power
New York Times 06.20.2012
For Spain, Accusations of Lagging on Reforms
New York Times 06.20.2012
Spanish Officials Hailed Banks as the Crisis Built
New York Times 06.26.2012
Doubts Greet Plan for Euro Zone Bank Regulator
New York Times 07.01.2012
John B. Taylor: Monetary Policy and the Next Crisis
Wall Street Journal 07.04.2012
Spainâs Banking Crisis Moves Into the Courtroom
New York Times 07.04.2012
Euro Zone Eases Budget Demand on Spain
Wall Street Journal 07.10.2012
European Finance Ministers Agree to Speed Up Bailout of Spanish Banks
New York Times 07.09.2012
Senior Bank Creditors Safe, for Now
Wall Street Journal 07.13.2012
Euro-Zone Banks Cut Back Lending
Wall Street Journal 07.14.2012
Spanish Official: Slow Reaction to Crisis
Wall Street Journal 07.18.2012
Germany Makes Last Pitch Before Vote
Wall Street Journal 07.18.2012
German Parliament Backs Spanish Bank Plan
New York Times 07.19.2012
Spanish Bank's Ex-Leader Defends His Record There
New York Times 07.26.2012
Auditors Prepare for Spain's 'Bad Bank' Plan
Wall Street Journal 08.02.2012
Monti Says He Regrets Berlusconi Remark
Wall Street Journal 08.07.2012
Clash of Cultures Upends Spain's Cajas
New York Times 08.20.2012
EADS Deal With BAE Flies Into Controversy
Wall Street Journal 09.17.2012
State of Europe's Banks: Safe and Stressed
Wall Street Journal 09.25.2012
France Raises Taxes in Tough Budget
Wall Street Journal 09.28.2012
Spain Needs $76 Billion to Recapitalize Its Banks, Audit Finds
New York Times 09.28.2012
Spanish Banks Beat Expectations
Wall Street Journal 09.29.2012
Berlin vs. Rome: A Tale of Two Visions
Wall Street Journal 09.30.2012
How ECB Chief Outflanked German Foe in Fight for Euro
Wall Street Journal 10.02.2012
Some in Spain Blame Germany for Bailoutâs Delay
New York Times 10.15.2012
Wall Street Journal 09.03.2012
Wall Street Journal 10.18.2012
Wall Street Journal 10.17.2012
German Refusal on Bank Aid Mars European Summit
New York Times 10.19.2012
Spanish Banks Agree to Layoffs and Other Cuts to Receive Rescue Funds in Return
New York Times 11.28.2012
Wall Street Journal 11.29.2012
MIT Forged Activist Views of Central Bank Role and Cinched Central Bankers' Ties
Wall Street Journal 12.12.2012
Wall Street Journal 12.18.2012
Wall Street Journal 03.11.2011
Wall Street Journal 03.01.2013
Spain Brings the Pain to Bank Investors
Wall Street Journal 03.24.2013
In Spanish, Bankia Starts Wooing IPO Investors
Wall Street Journal 07.01.2011
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us
