Thorn points to profit success | The Australian: "Spanish authorities have stepped in to rescue CajaSur Bank, which is owned by the Catholic Church. CajaSur is heavily exposed to holiday homes on the Costa del Sol.
With 900,000 homes reportedly for sale, it will be more a case of Costa del Sold than the playground for both the rich and for pasty-faced Brits on package tours.
With divine help from Upstairs officially unavailable, it's up to investors to protect themselves.
Thankfully there are still some safe havens available, as financier Thorn Group's (TGA) numbers attest this morning."
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