We didn't destroy the book! We just ruled you can't keep it on a shelf under the name of one of the reviewers - but everywhere else you want to keep it is fine.
Yes, it might be topical, and I have a strong inkling that says that it's a case google shouldn't have accepted. They seem to be taking more down than is required of them.
But it's also a far cry from "banker censors report about his malpractice": The banker most definitely would not be allowed to do that under the law in question.
The original case was a 16-year old newspaper article about a bankruptcy (but no fraud or such) that showed up as first result on a google search for a Spaniard's name, which impacted his employment prospects and such.
Hence why it's called "right to forget". People didn't have easy access to such data ten years ago, either, and the world provably didn't collapse. What this is battling is a new thing: The eternal online pillory, knowing neither restraint, remorse, nor forgiveness... nor research costs.