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A Spanish court Friday ordered former IMF head Rodrigo Rato and other bankers to pay an 800 million euro ($911 million) court bond as it investigates the Bankia group's ill-fated stock listing.The National Court ordered the Bankia group, along with Rato and three other former executives, to jointly pay the bond to cover their possible liability in the case.They are suspected of misrepresenting Bankia's accounts ahead of its doomed stock listing. Bankia nearly collapsed in 2012 and had to be bailed out by the Spanish government for 24 billion euros.
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