Tuesday, November 08, 2011


The last sentence of this paragraph tells you everything. And you know what I think I know the woman who will have uttered these words.

"Four-and-a-half years after the band packed up and went home, Spain's property tycoons have long since fled the ballroom. Some, like Enrique Bañuelos, have gone abroad in search of greener pastures. Others may face trial and possible prison terms for their sharp business practices. But all are keeping a very low profile. They no longer give interviews, they don't attend social events, they aren't invited to conferences on the property sector, and they no longer receive invitations to address students at business schools. Most are fighting to hold on to the money they made, and have long since sold the private jets and the luxury yachts. One lawyer says he remembers his client asking him: "How can I tell my wife that she can no longer use the plane to go shopping in Milan?"

Read the rest of the sad indictment here


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