Spain see first bank bail-out

(Please see UPDATE at end)Spain's banking system seemed to be relatively secure, compared to some (e.g. the UK and the US), but the Spanish government has now had to bail out its first banking institution in recent times, one of the regional savings banks - Caja Castilla la Mancha (CCM) (thru Barcepundit).The Spanish cabinet met today in emergency session to approve Treasury guarantees of upto