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Anzitutto un pensiero per chi è nelle zone del sisma, spero tutto bene ragazzi..
Per chi segue le vicende spagnole, questo articolo Bankia Depositors Buying Bonds Leave Spain on Bailout Hook - Businessweek mi pare interessante. Le pref piazzate ai risparmiatori rappresentano un problema che la soluzione irlandese non risolverebbe:
Bankia is among Spanish lenders that sold 22.4 billion euros ($28.2 billion) of preferred stock to individual investors through retail branches, according to data compiled by CNMV, the financial markets supervisor. In a so-called bail in, these investors would be wiped out before holders of more senior bonds, which tend to be banks and institutions.
When Ireland eased the burden on taxpayers of bailing out its banks by making bondholders take losses three years ago the move was politically palatable because it was lenders and fund managers taking most of the pain. This isn’t feasible for Spain and the government is instead considering recapitalizing Bankia group by injecting cash or government debt.
“The sale of preferred stock to depositors means that almost the only option for the government now is injecting capital,” said Arturo Bris, a professor of finance at IMD business school in Laussanne, Switzerland. “A writedown of preferred shares placed with depositors would cause a social problem. It’s not really a feasible alternative.”
...
A taxpayer-funded bailout of Bankia would foist losses on a wider portion of society than making individual bondholders, many of them depositors, lose money.
...
“The instruments were marketed as very liquid and as safe as a deposit,” said Herrero, who described issuing the risky securities to individual investors as an “original sin.”
Per chi segue le vicende spagnole, questo articolo Bankia Depositors Buying Bonds Leave Spain on Bailout Hook - Businessweek mi pare interessante. Le pref piazzate ai risparmiatori rappresentano un problema che la soluzione irlandese non risolverebbe:
Bankia is among Spanish lenders that sold 22.4 billion euros ($28.2 billion) of preferred stock to individual investors through retail branches, according to data compiled by CNMV, the financial markets supervisor. In a so-called bail in, these investors would be wiped out before holders of more senior bonds, which tend to be banks and institutions.
When Ireland eased the burden on taxpayers of bailing out its banks by making bondholders take losses three years ago the move was politically palatable because it was lenders and fund managers taking most of the pain. This isn’t feasible for Spain and the government is instead considering recapitalizing Bankia group by injecting cash or government debt.
“The sale of preferred stock to depositors means that almost the only option for the government now is injecting capital,” said Arturo Bris, a professor of finance at IMD business school in Laussanne, Switzerland. “A writedown of preferred shares placed with depositors would cause a social problem. It’s not really a feasible alternative.”
...
A taxpayer-funded bailout of Bankia would foist losses on a wider portion of society than making individual bondholders, many of them depositors, lose money.
...
“The instruments were marketed as very liquid and as safe as a deposit,” said Herrero, who described issuing the risky securities to individual investors as an “original sin.”
il 10 giugno ... non ho sentito niun annuncio ergo penso che almeno lui paghi ... O C'E' STATO L'ANNUNCIO ??? 
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