Anti-repossession protesters storm 'bad bank' headquarters
Friday, March 22, 2013 @ 10:00 PM
PROTESTERS were forced out of the 'bad bank' head office in Madrid yesterday after storming the building in support of a group of people about to have their homes repossessed. Some 40 members of the Plataforma de Afectados de la Hipoteca ('Mortgage Victims' Association') gathered outside the door of the SAREB building, which is where bank restructuring decisions are made and which has threatened to buy banks' stocks of repossessed homes off them at a fraction of their market price unless they are sold.
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