Government

Episode 378: How Spain Created A Banking Monster

A bunch of troubled little Spanish banks got together and became Bankia, a troubled big Spanish bank. i i

A bunch of troubled little Spanish banks got together and became Bankia, a troubled big Spanish bank. Pierre-Phillippe Marcou /AFP/Getty Images hide caption

itoggle caption Pierre-Phillippe Marcou /AFP/Getty Images
A bunch of troubled little Spanish banks got together and became Bankia, a troubled big Spanish bank.

A bunch of troubled little Spanish banks got together and became Bankia, a troubled big Spanish bank.

Pierre-Phillippe Marcou /AFP/Getty Images

On today's show, we take you backstage in Spain's banking mess, the latest front in the never ending financial crisis that is Europe.

It's the story of how a group of people tried to fix a problem, but wound up creating a banking monster.

Music: Maldita Nerea's "El Secreto De Las Tortugas." Find us: Twitter/ Facebook/ Spotify/ Tumblr. Note: Part of this podcast originally aired last year.

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