FT Alphaville has a great post about some odd events today involving Spanish bank BBVA. FT Alphaville reports that shares of BBVA began to fall this morning on rumors that there might be "liquidity constraints" in the Spanish banking system. Specifically, rumors were floating that there were people queuing outside branches of BBVA in Madrid.

A run on the bank? No, but close. It turns out it was a run at the bank. BBVA is sponsoring a 10km running race in Madrid on Sunday, and participants were lining up to receive their race tee-shirts.