The banks have taken a hiding in the last few years, but I find myself having some sympathy with those in Spain.
On my limited reading, the Spanish banks are mostly in bother because they advanced loans to property speculators who didn't repay them after the market collapsed.
Had the banks refused to lend the money at the time, they would have been berated for stifling entrepreneurial spirit and generally holding back the economy.
It's a bit rich to criticise them now purely because those they lent money to will not pay it back.
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