French investment bank Natixis sides with rebellious islanders.
Dream of Independence Descends into Nightmare.
Political Expedience, Economic Madness.
Desperately needed international investors dread it.
But bluffs can backfire.
An extremely high-stakes game of political poker, not just for Catalonia and Spain but for Europe.
The economic consequences are already being felt.
In face of intensifying local opposition?
The reason? The irony of Big Money.
Ugly repercussions far beyond Spanish borders.