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Another Former IMF Head Arrested: Rodrigo Rato Perp Walked In Madrid
As we reported earlier, the former chief of the IMF Rodrigo Rato, who was succeeded in 2007 by another scandalous figure, Dominique Strauss-Khan, was recently put under investigation by Spanish authorities for money-laundering, benefiting from a tax amnesty to repatriate previously undeclared offshore funds. This is in addition to at least one previous investigation into his role as chairman of Caja Madrid, the failed savings bank, and its successor Bankia.
And, unlike every single JPM banker pretty much ever, moments ago Rato became the second former IMF head in several years (following DSK), to be placed under arrest.
#ÚLTIMAHORA: Rodrigo Rato, detenido por presunto fraude y blanqueo de capitales http://t.co/QfckJaNyOa pic.twitter.com/pkpeiBhgj2
— La Vanguardia (@LaVanguardia) April 16, 2015
From El Pais, google translated::
The former vice president of the Government and former director general of the International Monetary Fund, Rodrigo Rato, has been arrested after a search of his home, practiced by the Tax Agency at the request of the Office of Madrid, according to EFE. Rato has left his home accompanied by several officers who have gotten into a police car waiting at the door of his house in a quiet street in the Salamanca district of Madrid.
Upon his release, he was not handcuffed but one of the officers, introduced him in the car, grabbing the neck. "Sinverguenza" was one of the few words he was heard during transport. Then the agents who carried out the registration, for more than three hours, have come out with at least four boxes of documents. Subsequently, there have been directed by the former minister, the Castelló street, where the former vice president's office and which follows the record. In this building, agents have covered the windows with cardboard.
According to reported sources of the investigation, the judge had to sign an arrest warrant for former IMF chief could leave his home in a police car and continue logs out of your home.
The charges are levied on Rato fraud, concealment of assets and money laundering.
While it is notable that Rato apparently did not have enough cash with which to pay off the prosecuting judge and have the case against him dropped, one wonders what the odds are for Christine Lagarde to complete the trifecta of arrests of people who are in the one position which has become the most cursed in the New Paranormal world.
Because while the IMF was originally created to pay for "bail outs", in recent years its former heads are far more concerned with paying just the "bail."
His arrest caught on tape:
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What you mean Chris couldn't remove his name from her list?
HAHAHAHAHAHA
It's a Great Day for Central Bankers!
And the state wants to tell the peasantry about morality.
Probably get let off with a ticket for parking the Snoopmobile in a handicapped spot.
Nothing but Criminal Enterprises
Rodrigo "The Rat" Rato
Dominique "The Big Con" Strauss-Kahn
etc.
Mob bosses.
and we re supposed to trust them... .. . .
I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... www.globe-report.com
The main obstacle between a country like Spain and prosperity is corruption.
Spain - and, I'd venture a guess, most of the PIGS - do not need to leave the euro to prosper. Having politicians which are only slightly corrupt would already be a big improvement.
Fuck the perp walk, wake me when it's a walk to the gallows. Much more poetic and the humor is to die for.
Not much is funnier than watching the blade slam down and the head go rolling while the blood sprays from the neck.
Just fucking hysterical. Sure beats watching a body twitch and the wet spot grow on the front, all while hanging on a rope.
Isn't it the JOB of the IMF to launder money and to conceal assets? That man should have instead had a promotion.
the charges are not related with his work at the IMF, rather at home since he was in touch with the people from his party that declared a tax amnesty.It all should have been "legal" just like him pump and dumping Bankia stock.
There are 2 conclusions, justice is still independent in Spain and google translator sucks.
Now if we could just have a few hanging from the bridges.
here at home...we never even catch them in the USA
Not nice to steal from the thieves.
The question is whether DSK, Rato, Conchita and other bankers come to the job with the bad habits or whether it's the job that does it to them.
Garage in, garbage out. It is a self perpetuating circular swirl around the toilet bowl and the flushing mechanism is stuck in the on position. All the turds are finally converging on the singularity.
Or if they get hired by their customers.
Burn in hell Rato el Raton...
piker
Weirdo in the back getting a better view of his kardashian?
Zion cleaning house.
Fortunate for him that they are shunning highrise dives for now.
The banksters need to repay us.
The guillotines are listening.
Maybe there is hope and change after all, flip out a few cards in the house of cards and hopefully, the whole deck will fall. The Empire of Debt and Fraud is becoming moar isolated and must fall.
Bring the criminal banksters to Justice and return to a capitalist business economy.
The term capitalist is a bit beat up and probably needs to be put away. How about "free market".
In reply to Beaver:
“Free Market” is what is beat up and needs to be put away. Capitalism has regulation against corporate monopoly. Today’s Free Market means that the corporate monopolies are “free” to steal whatever they want without any control: A long way past Adam Smith’s “Free Market” with controls on monopoly of the economy.
During the coming financial apocalypse, they will sacrifice a few icons to make it look like 'real change' is occurring. The IMF and the Fed are two of the most likely. The BIS and the BRICS will simply take their place.
Welcome to your new masters; same as the old masters...
You'd like to think so but - who ever heard of this guy? I'd agree with you if it was Jamie or Howard etc etc. strange that they cut this guy loose plus DSK and not the other known pervs and other assorted low lifes. Maybe he just wouldn't play nice?
We need to keep track of all the Banksters and their Gangsters. Who they are, what they do, where they live, who their family members are, what vile acts they've done or allowed...
Get out your spreadsheets, start your new hobby. Share info like we used to trade bubble gum cards.
Make sure the files are encrypted and backed up on 2-3 thumb drives: one that you might have confiscated, and extra one(s) for recovery.
Use those cheap on/off clock timers to automatically turn on/off your DSL modem when not in use.
We need a crowdfunding arrest a bankster campaign.
Open source WWIII against banksters and NWO politicians.
It's sending a message to anyone who decides they prefer to be honest.
I am shocked. A banker commited crime? Unpossible, it must be a intrigue.