Bankia investors see life savings dwindle
Some Spaniards to take state-owned bank to court in bid to recoup losses after shares plummeted.
Published On 29 May 2013
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