Jaime Caruana - Wikipedia, the free encyclopedia

Jaime Caruana (born March 14, 1952) is the General Manager of the Bank for International Settlements. His five-year term began on April 1, 2009. He was also the Governor of the Bank of Spain from July 2000 to July 2006.

Caruana was the man in charge during the bubble, when Spain was running the now much celebrated countercyclical regulatory capital policy for banks.

Note the term of his current appointment.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman