Prematurely Evacuating The Tispanic?

Tyler Durden's picture

First it was the CEO of Bankia whose departure via Golden parachute seems incredible in its absolute lack of shame; and now, as Bloomberg reports, Miguel "Mafo" Ordonez - the Governor of the Bank Of Spain - has resigned - with 2 weeks notice.


Did he maybe find some unmissable Costa Del Sol real estate opportunities forcing him to get out of dodge just that much earlier? If so, could he maybe spread the love and give everyone else the hot tip (aside from Spanish taxpayers of course)?


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Aziz's picture

Heads will roll.

Comay Mierda's picture

In Spain, they just might.

These crazy bastards run in the streets with pissed off bulls.

Arius's picture

all the better for america ... everyone will buy dollars!

butchee's picture

Pamplona three legged races where the banker's left leg is tied to the right leg of the Treasury official....hilarity ensues

Jonas Parker's picture

Pamplona three legged races where the banker's left leg is tied to the right leg of the Treasury official....hilarity ensues

Pamplona three legged races where the banker's left leg is tied to the left leg of the Treasury official....hilarity ensues


There, I fixed it for you...

SilverRhino's picture

I prefer the idea of tying 4 bankers' legs to the bull's and watching that run downslope faster than a Facebook IPO.



Sudden Debt's picture

Nono, the man just wants to quit his job because he wants to spend more quality time with his family...

fraud and incompetence have nothing to do with it...


MsCreant's picture

Who marked this down? Why? It's funny because it is what these bastards have said in the past.

MsCreant's picture

All bulls should be pretty pissed off by now. Bears too!


Stuck on Zero's picture

Run in the street with pissed-off bulls?  No.  Make him spend the night in a cave full of bears.


sunaJ's picture

We are long past canaries in coal mines.  The fleas will flee to the Canaries.

battle axe's picture

And he was seen booking a flight for Switzerland.....

Joe The Plumber's picture

He gonna marrry a brazilian girl fast.

No extradition with any country if you are brazilian

eclectic syncretist's picture

The captain always goes down with ship, except in politics and high finance.

Sauk Leader's picture

Or if you are an Italian Cruise Ship Captain.

StychoKiller's picture

Hmm, wonder if the Captn has come up with a better excuse yet...

franzpick's picture

"...whose departure via Golden parachute seems incredible in its absolute lack of shame."

Until you understand the depth of the corruption that needs to be kept hidden with surprising amounts of hush money paid to those no longer on the payroll. 

Nobody For President's picture

Right. And Jon Corzine maybe didn't get a golden chute, but he is still walking around the streets a free man, so we can't trash Spain too much on this one - letting the rich walk is an international deal.

Buck Johnson's picture

You don't leave such a good job like that unless the job isn't going to be too good in the very near future.  The rats are leaving the ship and want to make sure they have enough dinero to make it where ever they nest at.

midgetrannyporn's picture

Take the money and run.

Stoploss's picture

Hold your ass, shit's about to get real.

SourNStout's picture

"Run" out of the bank

knukles's picture

To make room for a Goldmanite Deluxe

gatorengineer's picture

He wants his severance to clear.....

SheepDog-One's picture

Rats off the ship!

Ratscam's picture

I,m back on land, in fact in the mountains

surf0766's picture

Get out before the collapse

Mitzibitzi's picture

He just bought an island retreat, for a very reasonable price, from a nice cetacean-nicknamed man in London and plans to retire there?  ;-0

narnia's picture

Do you expect the people actually spending Spain into oblivion to take responsibility?

Henry Chinaski's picture

Tripped and fell into the lifeboat...

tocointhephrase's picture

Two weeks notice, you have to give more if you work on a rubbish tip.....hold on a minute

papaswamp's picture

I might have to get the popcorn and folding chair out early this week.

Joebloinvestor's picture

Does Spain belive in "clawbacks" of pay and bonuses?

q99x2's picture

He probably bought FB with the money.

Dick Darlington's picture

Rats are jumping off the sinking ship that is Spain. Please, please, please, you idiot €-fanatics, KISS AND BREAK UP!!!! Your undemocratic political utopia has turned into dystopia. It's time to pull off the plug. For good.

Al Huxley's picture

It's all that fucking Egan Jones' fault - everything was fine in Spain until they went and downgraded them. /sarc

j0nx's picture

You don't need the /sarc tag. We all get it.

Patriot Eke's picture

That's the problem with modern "politicians."  When they are responsible for a problem, they are not held accountable.

monopoly's picture

How is it possible Not to own gold or silver? What rational person thinks fiat currencies are the right way to invest. I cannot even imagine.

Abitdodgie's picture

Well yes look at Au /Ag dropping like a rock , Gold down about $30.00 in one day who would want that shit , BDI is sinking again (joke) get it sinking , nevermind. It is down to just over 1000 , so as everyone can see the world economy is about to go in the shitter even more, I will give it to Aug/Sept time , then last one to leave turn off the light .

carbonmutant's picture

They know more than we do about the risks the banks are facing...


tekhneek's picture

Get your money out of the bank, people.

Dr. Engali's picture

I'm sure you meant to say get your bank credits exchanged for fiat then converted into gold and silver before it's to late folks. Since debt isn't money.