ZeroHedge – Espirito Santo Stock Suspended After 40% Crash, “Pending Information” – 1 August 2014

ZeroHedgeLooks like it will be a busty weekend for European leaders calling the crisis over. Knife-catching ‘value’ investors have been torn asunder as Banco Espirito Santo’s stock crashed another 40% today to 12c and has now been suspended by Portugal’s securities regualtor.

  • *BANCO ESPIRITO SANTO SHARES SUSPENDED PENDING INFORMATION, CMVM SAYS

With Goldman bailing and the sovereign suggesting it is not willing to bailout, it appears – based on Sub debt’s collapse – that a bail-in burden-sharing solution is coming. When will Bill Miller scoop it up?

Read the full story at: www.zerohedge.com / link to original article

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