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Bankia investors see life savings dwindle

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

Last Modified: 29 May 2013 20:18
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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.

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Al Jazeera
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