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Thursday, July 31, 2008

RED ALERT: Chavez started taking control of the Banks

DICTATOR Hugo Chavez has just announced the nationalization of Banco de Venezuela, who was owned by Spaniard Banco Santander, confirming the rumors from last weeks about the regime to start taking control of Banks in Venezuela.

So, this is over for the Bank industry in Venezuela, now Venezuelans has to withdrawn all their savings and put it under their mattress, there are also rumors of a Control over the amount of money people could withdraw, very much like the Argentinean 'Corralito Financiero'

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