Venezuela takes control of Spanish-ow...

Venezuela takes control of Spanish-owned Banco de Venezuela, na...

There are 3 comments on the Newsday story from Jul 3, 2009, titled Venezuela takes control of Spanish-owned Banco de Venezuela, na.... In it, Newsday reports that:

President Hugo Chavez 's government assumed control of Venezuela's third-largest bank on Friday - making the state the largest player in the nation's banking system.

Join the discussion below, or Read more at Newsday.

Susan Tenofsky

North Andover, MA

#1 Jul 7, 2009
I am against Nationalizing Banks and wonder how this will
affect Sovereign Bank, in America, now owned by Banco Santander. Hopefully in no way whatsoever!
john rotten

Fairfield, CT

#2 Jul 7, 2009
coming soon to a country near you.

Since: Dec 08

USA

#3 Jul 7, 2009
Susan Tenofsky wrote:
I am against Nationalizing Banks and wonder how this will
affect Sovereign Bank, in America, now owned by Banco Santander. Hopefully in no way whatsoever!
This will have no effect at all in Sovereign Bank here in the USA. The people screwed will be Venezuelans that have money in the nationalized bank in Venezuela.

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