Twice Cursed: Spain's Banks and Houston's Soccer Stadium

From bloomberg.com

The world's eyes, including those of the Bloomberg View editorial board, are on Spain and whether it will reach for a European Union bailout to rescue its fragile banking system. Should this come to pass, it will show once again that the dreaded stadium curse is alive and well. The Houston Dynamo, a Major League Soccer team, today held a ribbon-cutting ceremony for its new $95 million, 22,000-seat venue: BBVA Compass Stadium. That's BBVA, as in the U.S. subsidiary of Banco Bilbao Vizcaya Argentaria S.A., one of Spain's largest banks. The company in December agreed to pay $20 million over 10 years for ... (full story)