You successfully added to your cart! You can either continue shopping, or checkout now if you'd like.
Note: If you'd like to continue shopping, you can always access your cart from the icon at the upper-right of every page.
Quantity:
You successfully added to your cart! You can either continue shopping, or checkout now if you'd like.
Note: If you'd like to continue shopping, you can always access your cart from the icon at the upper-right of every page.
Spain’s Bob Diamond is Rodrigo Rato. The difference is, Rato is heading for jail
Prime Minister Mariano Rajoy forced Rato, 63, to quit Bankia seven weeks ago, just before the bank was nationalised and became the biggest-ever failed Spanish lender. On May 10th this year, The Slog posted:
‘Sources in troubled Spanish bank Bankia confirmed yesterday that auditors Deloittes had discovered what they called ‘an inflated statement of liquidity’ for 2011 in the Caja division of the Group.
What?? He lied about the real financial condition of the bank??? What a shock. Surely no other bank CEO would do that.
The Slog’s view – based on local information – has always been that both the level of unsold property and the degree of arrears there are hugely understated.’
In other words, the bank pretended that their mortgages were worth what they stated on the pieces of paper, even though the real market value had dropped. Surely the American banks wouldn't do such a thing!
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
We are only able to do what we do because of your support. If you feel led to support this ministry, we deeply appreciate it
