If one specific scandal crystalized the Spanish elite’s excesses of recent times, it’s that of former president of Bankia Rodrigo Rato going on trial for misappropriation of funds in the High Court. Punishing Rato and others responsible for such injustices is crucial from a legal and moral point of view. But when it comes to restoring credibility, it is Spain’s banks, not the justice system, that face the really hard work.