Economy

xchrom

(108,903 posts)

18. Spanish Bad Loans Spiral To Record New High

Mon Nov 19, 2012, 09:39 AM

Nov 2012

http://www.businessinsider.com/spanish-bad-loans-2012-11

One of the darkest parts of the Spanish economy, and therefore the European economy, the bad loans held by the banking system continues to get worse.
From Reuters:
Spanish banks' bad loans rose to 10.7 percent of their outstanding portfolios in September, reaching a fresh record high, Bank of Spain data showed on Monday, up from 10.5 percent a month earlier.
The total pile of bad debt is now a staggering $182.2 billion.

Read more: http://www.businessinsider.com/spanish-bad-loans-2012-11#ixzz2Cfx8UFzO

Edit history

Please sign in to view edit histories.

39 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH -- Monday, 19 November 2012 [View all] Tansy_Gold Nov 2012 OP

Isn't that "Misfit Goys"? Demeter Nov 2012 #1

If You’ve Got the Skills, She’s Got the Job By THOMAS L. FRIEDMAN Demeter Nov 2012 #2

Friedman is such a putz Tansy_Gold Nov 2012 #19

You're only half right. Fuddnik Nov 2012 #23

FDIC Lawsuits Yielded Big Penalties, But Bankers Haven't Paid Up (FEBRUARY) Demeter Nov 2012 #3

Big Banks Squeeze Billions in Profits from Public Budgets Demeter Nov 2012 #4

JPMorgan, Citi, BofA sued for $949 million by Sealink (FEB. 23) Demeter Nov 2012 #5

Banks Are The “Achilles’ Heel of Capitalism” Demeter Nov 2012 #8

George Washington: Numerous Top Bankers Call for Break Up of Giant Banks Demeter Nov 2012 #10

Used Lamborghinis Linger on H.K. Lots Amid China Lull Demeter Nov 2012 #6

The New York Times Is Now Supported by Readers, Not Advertisers By Joe Coscarelli Demeter Nov 2012 #7

Veblen’s Institutionalist Elaboration of Rent Theory MICHAEL HUDSON Demeter Nov 2012 #9

Wal-Mart workers plan Black Friday walkout DemReadingDU Nov 2012 #11

Walmart Files Unfair Labor Practice Against UFCW DemReadingDU Nov 2012 #12

Unlawful? Under whose law? Demeter Nov 2012 #13

i needed something exotic and a snack to get through this day... xchrom Nov 2012 #14

That... AnneD Nov 2012 #34

would you like a california roll? xchrom Nov 2012 #36

Only if it comes in chocolate Demeter Nov 2012 #37

ROUBINI: Here Are The 6 Reasons The Stock Market Has Been Tanking xchrom Nov 2012 #15

Shadow Banking Grows To Incredible $67 Trillion Industry xchrom Nov 2012 #16

Everyone Is Talking About About A Japanese Game-Change That Could Finally Break The Back of The Yen xchrom Nov 2012 #17

Spanish Bad Loans Spiral To Record New High xchrom Nov 2012 #18

The Twinkie Manifesto By PAUL KRUGMAN Demeter Nov 2012 #20

About the Poor and Taxes MUST READ AND BOOKMARK AND COMMIT TO MEMORY Demeter Nov 2012 #22

US FUTURES RISE AS COMPANIES POST STRONG EARNINGS xchrom Nov 2012 #21

China sovereign wealth fund official warns on eurozone austerity xchrom Nov 2012 #24

Republicans and Democrats hint at willingness to compromise on fiscal cliff xchrom Nov 2012 #25

LBJ wouldn't have leaned on prayer Demeter Nov 2012 #38

SIGTARP: Taxpayers still exposed as AIG shrinks CDS portfolio JULY Demeter Nov 2012 #26

Why this recovery is more jobless for black Americans than others xchrom Nov 2012 #27

JP Morgan Chase and Credit Suisse pay $416.9m in penalties over mortgages xchrom Nov 2012 #28

Brussels tells Madrid to spend less on roads and more on jobs xchrom Nov 2012 #29

HSBC tax snitch seeks helping hand from French judiciary xchrom Nov 2012 #30

“The solution for Spain is simple: we have to sell more goods abroad” xchrom Nov 2012 #31

Son Of Madoff Scandal Figure Kills Self In Columbus InkAddict Nov 2012 #32

10:05am - US Markets rallying as Fiscal Cliff Clavin fears subside Roland99 Nov 2012 #33

Mmm, dollar down, lots of European bargain hunting going on Warpy Nov 2012 #35

Another Bubble Rising Demeter Nov 2012 #39