This Is The Chart That's Causing Spain To Get Crushed Today

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics International Video Latest Wednesday, April 18, 2012 This Is The Chart That's Causing Spain To Get Crushed Today The percentage of bad loans on Spanish banks' balance sheets rose to 8.16 percent in February according to the Bank of Spain, its highest level since 1994. That datapoint is worrisome to investors already troubled by Spanish banks' large investments in government bonds and high use of funding from the European Central Bank. This comes on the heels of a mounting number of reports that experts now believe some kind of large-scale bank bailout is inevitable, and that the government will probably have to ask for money from international lenders—EU countries, the ECB, or potentially even the IMF. So far, the IBEX is off nearly 3.5 percent today. Read » Also On Money Game Today: Florida Is Already Disproving One Of The Biggest Fears About Housing OMGNO! New Government Rules Threaten To Throw Jobs Day Into Disarray The 21 Most Controversial Stocks In The World An Awesome Presentation On What Everyone Is Getting Wrong About China Advertisement CHART OF THE DAY: The Run On Spain CHART OF THE DAY: This Is Why They Call It TAXMAGEDDON CHART OF THE DAY: This Is The Critical Chart For 2013 Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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