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Judge cancels a contract 'swap' of Banco Santander, which produced 150,000 euros of losses to an SME.

The Commercial Court number 2 of Bilbao has declared void a contract swap or interest rate, known as 'swap' , sold by Banco Santander , leading to losses of 150,000 euros an SME, as the ruling last March 15.

Judge cancels the contract for "error on consent" arising from the lack of information received by the customer by the financial institution before signing the contract 'swap', which is a product qualified as hazardous to the investor.

"What is sold as a product to ensure certain financial risks becoming just a loss in this case slightly exceed the negligible amount of 150,000 euros, "said the judge at sentencing.

addition, the judge found that the entity has failed to prove the reason that "where there was a safe product, it is a risk bet (end that is concrete at the time of loss arising to the client); without which the bank will reveal what specific capital or assets put at risk in this whole operation. " The

'swap' contracts are mass-marketed by banks since 2007, protecting the client of a possible rise in interest rates on loans contracted with the bank.

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The Bank of Satan can not continue to discriminate.

Santander not only does not perceive through the insurance policy to Jose Luis Burgos forced to sign the mortgage, because he disability and can not report, but also of wanting to be so mean and despicable in your home and your family, even accused of unconstitutionally, abusive and discriminatory to have a physical disability prior to the signing of your mortgage impossible to hide, that did not seem regard for their productive and which now rakes say even feel very cheated.

This is the height of Mecca of Banking and Corruption.

However, José Luis not alone and will be talking about the long journey across the country that has been designed in the main offices of Bando de Santander throughout the entire territory English.

"I'm here with my son in the street, where they want us to leave. I have planted at an office of Santander because I want to watch and I look at you one of the richest men in the world, Mr Botin. For who knows where it leaves a substantial portion of their profits ... and their money, tragedies like the story you today "BURGOS JOSE LUIS FERNANDEZ (music, lyrics & chapuzzeo view: Miguel Figuerola Videomaqueta low cost)

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Interview: Jose Luis Burgos "victim of Banco Santander

Interview: Jose Luis Burgos Santander victim B, mp3 01/05/1910 (posted 04/05 at 1:32:48) 21:03 - iVoox