Madoff Mess Haunts BBVAMadoff Mess Haunts BBVA
Javier Espinoza, 01.28.09, 09:40 AM EST
Spanish bank will have to pay almost $400M for losses related to the Ponzi scheme.
Banco Bilbao Vizcaya Argentaria, S.A.
The Spa
http://www.forbes.com/2009/01/28/bbva-madoff-fraud...
Spanish banks suffer from Madoff scandal Spanish banks suffer from Madoff scandal
BBVA and Santander both say they'll take provisions over related losses
By Barbara Kollmeyer, MarketWatch
Last update: 10:08 a.m. EST Jan. 28, 2009MADRID (
http://www.marketwatch.com/news/story/spanish-bank...