Ex-IMF head Rato ordered to pay bond in Spain stocks probe

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 them over an ill-fated stock listing of the Bankia group. It was the latest step in a long investigation into alleged fraud in the 2011 stock market listing of the bailed-out Bankia group and its former chairman Rato. He is also a former economy minister of Spain and from 2004 to 2007 was managing director of the International Monetary Fund, which