Federal Reserve

Spaniards are taking revenge on bankers.

"It gets worse in Spain. In the run-up to the current crisis, banks sold retail customers 22 billion euros of high-yielding preferred shares. Bank losses deepened, the securities plunged in value and the retail customers saw their savings diminished, and in some cases, locked in an illiquid product. Now, angry Spaniards are finding an outlet for their frustrations, according to The Wall Street Journal: threatening and slashing tires of bank employees, vandalizing branches, or stalling operations by slowing tellers with repeated requests to withdraw 50 cents at a time."

This is just tip of the iceberg, and it's coming to the US bigtime.