The public that yesterday filled the hall from the CCCB to attend the event organized by the ARA to analyze the Spanish economic crisis discovered the authentic engine of good research journalism: indignation. Journalist Ernesto Ekaizer, who presented his book The black book. The crisis of Bankia and the savings banks (Espasa), was not only outraged, but "overcome" by the shamelessness that, even today, acts as a bank rescued by taxpayers such as Bankia. "Why should I pay for the defense of Rato?", He asked himself just the day the former president of the entity appeared before the Supreme with his usual tone. Ekaizer referred to the two reports presented by the bank, which is public property, where both the management of Rato and that of its successor, José Ignacio Goirigolzarri, is defended. In one of the reports, he explained, a supposed professor says that he has proven one for more than one million credits, which is materially impossible. "I think that I am equipped to deal with irrational human behavior, but with that I can not!" He said, and provoked the applause of the 400 attendees.
The act, moderated by the director of the ARA, Esther Vera, and which had the participation of journalist Josep Maria Ureta and economist Antón Costas, served to debate, as a result of the specific case of bankruptcy Bankia, about the origin, those responsible and the teachings of the economic crisis. Ureta emphasized as the main conclusion of the book the "low democratic quality of regulatory bodies," a thesis endorsed by Ekaizer, who assured that "a clique had appropriated the Bank of Spain" to the point of ignoring the warnings of your inspectors. "The problem is that the Bank of Spain was metamorphosed, parked its role as supervisor and elaborated an itinerary to overcome the crisis that proved to be a catastrophe," said the Argentine journalist, author of books on the economic crisis like Indecent (Espasa, 2012) or on the corrupción of the PP com We wanted so much Luis (Themes of Today, 2015).
Antón Costas, for its part, highlighted the pernicious effects of the disappearance of savings banks, which have led to the disappearance of a "second state of welfare" that was the social work, and that more than 18,000 municipalities Spaniards have lost their banking office, which has caused a phenomenon of "financial poverty." Costa, however, warned of the risk of "stitching a foot kick and burdening the institutions" and wanted to make a more optimistic speech in the future. "I want to think that something we have learned. For example, now the governors of the central banks have to explain their plans in the long term. Until 2015, the ECB acted as if it were a blood bank run by members of a sect that is contrary to transfusions, "he said in reference to the refusal to buy public debt imposed by Germany.
Costas also appealed to include ethics in the functioning of the economy. And he criticized the fact that former president of BBVA Francisco González retired with a pension of about 80 million euros. "How can this figure be justified? And how can one stop saying that after these people demand wage or pension moderation? "He added adding to the indignation that was growing in the room. At this point, Ernesto Ekaizer recalled that until 1986 the workers of the Bank of Spain had secured a life-long salary, and then made reports warning of the risk of rising salaries.
Populism and Euro
The indignation of Ekaizer was also extended to the Spanish journalist class, which he accused of making books where the sources of information are not included. When Ureta reminded him of the little interest shown by the Madrid press in the book, Ekaizer replied: "I want a review of this book! I want someone to tell me that it's bad! "
In the final stretch, a woman from the audience took the floor on behalf of her son to transfer a question from his high school baccalaureate: "Does the management of the euro have led to an increase in populism?" After responding in the affirmative, Ekaizer predicted: "Your child will have a lot of work with this job." This is what someone said five years ago to write the final book about Bankia and the Spanish financial crisis.