Spain Plans to Create 'Bad Bank' to Help Its Increasingly ...

Receiving Wide Coverage ... Europe's Banking Woes Burgeon: Perhaps because of the long weekend in the U.S., this morning's banking news is dominated by headlines about Europe ... and things aren't looking up. The Journal reports the French government rushed to bail out the "small, but key" Caisse Centrale du Crédit Immobilier de France (CCCIF) over the weekend after the mortgage lender requested aid to pay down bonds that were due on Monday. The $6.3 billion...