Spain’s banking crisis got worse as Standard & Poor’s downgraded five of its banks and one of them, Bankia, said a bailout would cost far more than the government had estimated.
By RAPHAEL MINDER, New York Times
Fri, 05/25/2012 - 1:16pm
Spain’s banking crisis got worse as Standard & Poor’s downgraded five of its banks and one of them, Bankia, said a bailout would cost far more than the government had estimated.