The Bank of International Settlements and Mr Caruana Is this the - TopicsExpress

The Bank of International Settlements and Mr Caruana Is this the respected central banks’ bank? Couldn’t we just shut it down to stop it from scaring us all with absurd remarks? The BIS seems unaware of the precarious state of the European banking system, which is in itself a terrible failure when you think about it being the BIS’ job. By the way, its director general is Jaime Caruana, former governor of the Bank of Spain. Let me introduce him to those who may not know him yet: I never heard an original idea from Caruana. He’s definitely not a fast learner, or a learner for that matter. But he knows how to open the door of a car when there’s a powerful person coming out of it. thecorner.eu/world-economy/the-bank-of-international-settlements-and-mr-caruana/27965/

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