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Insight: Spain bank rescue signals legal battle for duped savers

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. REUTERS/Miguel Vidal
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People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. REUTERS/Miguel Vidal
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People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra October 4, 2012. REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra October 4, 2012. REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra October 4, 2012. REUTERS/Miguel Vidal
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People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. REUTERS/Miguel Vidal
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People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. The poster in centre reads, "Wanted: Jose Luis Mendez, head of Caixa Galicia. Reward: 16.5 million euros". REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. The poster in centre reads, "Wanted: Jose Luis Mendez, head of Caixa Galicia. Reward: 16.5 million...more

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. The poster in centre reads, "Wanted: Jose Luis Mendez, head of Caixa Galicia. Reward: 16.5 million euros". REUTERS/Miguel Vidal
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People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. The banner reads, "Bank of Spain, Solutions. We want our life savings". REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. The banner reads, "Bank of Spain, Solutions. We want our life savings". REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. The banner reads, "Bank of Spain, Solutions. We want our life savings". REUTERS/Miguel Vidal
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People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. REUTERS/Miguel Vidal

People affected by a fall in the prices of preference shares protest in front of the headquarters of NovaGalicia bank in Pontevedra September 27, 2012. REUTERS/Miguel Vidal
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