Bankia investors see life savings dwindle

Some Spaniards to take state-owned bank to court in bid to recoup losses after shares plummeted.

    Small-scale investors in Spain say they have been cheated out of their life savings after billions of dollars were wiped off the value of the state-owned bank Bankia.

    Ordinary shareholders were able to trade their shares this week - but at a fraction of the price they originally paid for them.

    Now some are trying to fight back through the courts.

    Al Jazeera's Paul Brennan reports from Madrid.

    SOURCE: Al Jazeera


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