VOICED : Portugals small investors count cost of BES collapse

VOICED : Portugals small investors count cost of BES collapse

Assessment

Interactive Video

Business

10th Grade - University

Hard

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Quizizz Content

FREE Resource

The transcript discusses the collapse of one of Portugal's largest banks, Banco Espirito Santo, and the subsequent creation of Novo Banco. Many customers, including retirees and low-income individuals, lost their life savings. Personal stories highlight the severe impact on their lives. Novo Banco claims no responsibility for the toxic investments of its predecessor, leaving customers doubtful about recovering their funds.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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