Spanish Activists Seek Arrest of Banksters

Spanish Activists Seek Arrest of Banksters

Jun 20th, 2012 | By | Category: Economy, EU Superstate, Featured Articles, World News 

http://wideshut.co.uk/spanish-activists-seek-arrest-of-banksters/

As Spanish protesters continue to rally outside the headquarters of financial institution Bankia in Madrid, a proactive group within the movement have taken their point further and filed an official criminal complaint against the former management of the bank [1].

Like many other nations around the world the Spanish people face crippling austerity due to the bailing out of the corrupt global financial system, which collectively crashed the world’s economy due to reckless lending and fraudulent investments. Bankia, which was bailed out and partially nationalised like Britain’s RBS, was a causative factor in Spain’s spiraling debt crisis, and in order to loosen the immediate burden the Spanish Government are to accept a massive EU bailout package, which will be the responsibility of the people to pay back through cuts, taxes and privatization.

Former Bankia President Rodrigo Rato, who took the position after leading the International Monetary Fund between 2004 and 2007, is a key figure in the Bankia lawsuit. He along with several members of the bank’s board are accused of falsifying accounts and providing fraudulent information to shareholders, who were kept in the dark about the institution’s shady practices and were lead to believe it was in a better position that it really was.

Despite the allegations Rato has had the gall to ask for a severance payment of 1.2 million euros from Bankia so he can move on to greener pastures in the financial industry. Citizens however have been left with their head barely above the water.

13 of the bank’s shareholders who are represented in the complaint lost thousands of Euros each after initially being told the company made a net profit of 309 million euros in 2011. In reality the bank actually lost nearly three billion euros. Instead of criminal proceedings the crooks were rewarded with a 19 billion bailout from the Government, tipping the country’s financial burdens over the edge and forcing the nation itself to seek its own bailout from the EU dictators.

Clemence Cohen Eduy, a 62 year old shareholder explained:
“I am very angry. I lost 3,000 euros. This is an enormous amount for me as I live off a small pension. I trusted my bank.”

“I feel like I was completely deceived,” said 37-year-old Carlos Blanco.

Juan Moreno Yague, the lawyer of the activists said in a statement:
“This is only the beginning,” claiming to have “inside information” that also implicates the Bank of Spain and its former governer, Miguel Angel Fernandez Ordonez, in the fraud.

Citizens have come together to let the Government know that they’re not “all in this together”; the fault is not theirs and the debt burden should be on the doorstep of the banksters not hardworking citizens. Over 19,000 euros was raised through an online campaign, which helped fund the legal proceedings. “We want to show that there will be no more impunity. Those responsible must go to jail,” said a spokesperson for the movement.

In a picture the world is now all too familiar with protesters have been met with a heavy hand by state police [2], who rather than arresting those that caused the mess, have been using excessive force against those who want to see real change to the financial system.

However protesters aren’t all peaceful, and really who can blame them? Spain is the fourth biggest economy in the eurozone but has essentially been sold down the river to financial criminals and EU fascists. They’re stuck in a double-dip recession with a quarter of the population out of work, including half of young people.

Spanish coal workers are at the forefront of austerity and have decided enough is enough. Armed with homemade rockets, slingshots and rocks they have managed to force officers completely out of the town of Cirena in northern Spain [3].

Like Greece, Spain threatens to sink the Euro dream. Perhaps this is a sign that that’s all it was, a dream, and that nation states would be much more stable if they were allowed to regain their sovereignty and put their own people first.

If you found this information valuable, please help promote it on Reddit by clicking the “like arrow”: http://www.reddit.com/r/conspiracy/comments/vbvr4/spanish_activists...

Views: 65

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a blog post
12 hours ago
pohonemas33 team commented on tjdavis's photo
Thumbnail

DejaVu

"nice very goodjob, i wish you can visit official situs pohonemas33"
19 hours ago
Sandy posted a photo
yesterday
Doc Vega posted a blog post
yesterday
Saint Quinn favorited Burbia's video
Friday
Doc Vega posted blog posts
Thursday
Burbia commented on tjdavis's blog post The Jewish Couple That Taught Bob Dylan Hebrew and Introduced Him to Zionism
"Haaretz put this story behind a pay wall. Sali Ariel and Terry Noble were the names of the couple…"
Wednesday
William Heckman is now a member of 12160 Social Network
Wednesday
cheeki kea commented on tjdavis's photo
Wednesday
cheeki kea commented on cheeki kea's video
Thumbnail

This Woman DESTROYED Harley-Davidson's Future Forever

"It's a sad day on the highway. But I guess the show must go on. Watch out for the ruination of…"
Wednesday
cheeki kea posted a video

This Woman DESTROYED Harley-Davidson's Future Forever

This Woman DESTROYED Harley-Davidson's Future ForeverWelcome to Ride Radar – Your Frontline Source for Motorcycle Deals, Trends & Market Mayhem.Looking for t...
Wednesday
tjdavis posted a photo
Wednesday
Burbia posted a status
"Who knew releasing the MLK files and literally deflecting, it ends up implicating himself with the Epstein Files."
Tuesday
Burbia posted a video

Dan Bilzerian DEMOLISHES MAGA Nutjob Patrick Bet-David on His Own Show

Watch as two powerhouse personalities collide in this no-holds-barred debate on one of the world’s most contentious issues. Patrick Bet-David, known for his ...
Monday
Doc Vega's 7 blog posts were featured
Jul 20
tjdavis's 2 blog posts were featured
Jul 20
Less Prone favorited tjdavis's blog post Track AIPAC
Jul 20
FREEDOMROX's blog post was featured

MRNA VACCINES: Question

Hello my fellow sojourners,I know it has been five years since the Plandemic, but one question has…See More
Jul 20
Less Prone favorited FREEDOMROX's blog post MRNA VACCINES: Question
Jul 20
cheeki kea commented on cheeki kea's photo
Jul 19

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted