Joseph Stiglitz on Spain's Bank Bailout Listen Download Embed Share Share this on Facebook (Opens in a new window) Share this on Twitter (Opens in a new window) Share this via Email Spain's sovereign risk premium shot to a fresh euro-era record on May 29, 2012, as Madrid announced new bonds to finance debt-struck regions and as banks scrambled to clean up bad loans. ( Philippe Huguen / Getty ) Produced by Javier Guzman and Elizabeth Ross Produced by PRI and WNYC