The Finch Formerly Known As Gold

19 January 2005

Plus $35 for a late charge

Barclays Bank, which acquired the Banco de Valladolid in 1981, was sued by Domingo Lopez Alonso, former majority owner of the Spanish bank. The bank had failed, and Lopez had turned over his shares to the Spanish government under its restructuring rules; Barclays basically picked up what was left after Madrid paid off the depositors, and, said Lopez, Barclays cheated him out of what would have been rightfully his.

The court found for Lopez, and awarded him, according to the order as printed, 1.1 quadrillion euros, roughly $1,400 trillion US, an amount far in excess of the Spanish gross domestic product, possibly almost enough money to bail out the US Medicare system.

Interested parties are operating on the assumption that this is a typo and a subsequent court order will correct the figure.

(Via Fark.)

Posted at 2:06 PM to Dyssynergy

I expect an e-mail from Nigeria about this any minute now.

Posted by: McGehee at 4:31 PM on 19 January 2005

I still get two or three of the Nigeria emails a week.

Posted by: unimpressed at 7:06 PM on 19 January 2005

My mom used to work for a city utility.

One of my teachers came in because he suspected that his $1.4 million water bill was more than a rounding error.

Posted by: Dan at 11:10 AM on 20 January 2005

He shoulda replaced that leaky faucet.

Posted by: McGehee at 12:44 PM on 20 January 2005