Spanish media comments this morning
Two comments on this mornings Spanish (RTVE) breakfast programme by (not very perceptive/ impressive IMO) Madrid based journalists:
i) (Less interesting) "BA stole the Madrid-Berlin service from Iberia" [No I'm not agreeing, I'm just repeating for others who know more to comment.]
ii) (More interesting) The Spanish government is the biggest single shareholder at roughly 15% overall of the IAG holding group via two sources
a) roughly 3 percent from a straightforward government owned industrial holding group
b) roughly 12% via the bust bank Bankia (formerly Caja de Madrid) now in the hands of the govt due to the crass mis-management of this bank at the hands of PP grandee Sr Rodrigo Rato, former senior minister as Finance Minister and confidant of ex Spanish premier Sr José Maria Aznar and also former head of the IMF no less !
Last edited by BigFrank; 12th Nov 2012 at 10:40.
Reason: Add: "as Finance Minister"