A group of Spanish activists organized under the #QuerellaPaRato ("Lawsuit for Rato") hashtag, have raised a large private fund to pay for a civil action against Rodrigo Rato, the disgraced former chairman of Bankia, one of the banks at the heart of the Spanish financial crisis. The activists also plan on paying private investigators to amass as dossier detailing Rato's wrongdoings in the hopes that Spain's prosecutors will bring criminal charges against the banker.
In the first 12 hours of the campaign, organisers reported that dozens of Bankia shareholders, as well as former employees, agreed to testify against Rato in a lawsuit. According to a survey by Spanish paper El País, 91% of respondents want an investigation of Rato's management of Bankia...
"Bankia did not last even two years; how is it that Rodrigo Rato leaves his position, hastily and receiving millions in compensations without anyone in an institution having asked nothing before, without anyone asking for an explanation, and nobody asking for an investigation? The Spanish political class is complicit in covering up anything that could have happened, and even more troubling, will continue to do so."
In the late 1950s, a truck carrying a cement mixer crashed on E300 Road between Talala and Winganon, Oklahoma. Apparently too heavy for anyone to deal with, the mixer sat for decades where it was occasionally graffitied or whimsically decorated. In 2011, artists Heather and Barry Thomas celebrated their wedding anniversary by transforming the drum […]
In this fun episode of Mark Frauenfelder and Kevin Kelly’s Cool Tools podcast, they talk with Lux Sparks-Pescovitz, 14, about his passion for GameBoys, cassettes, DIY sushi, and his new iFixit Pro Tech Toolkit. He’s quite an interesting young man; I’d like to meet his parents someday. Listen here: Cool Tools · 234: Lux Sparks-Pescovitz
When you’re ready to take a break from doomscrolling, stop and send your scream to Iceland. It will be blasted from a real speaker that has been placed in one of the country’s regions. “Scream therapy.” You’ve been through a lot this year and it looks like you need the perfect place to let your […]
Even after months of working from home, you’d be forgiven for thinking the whole experience still doesn’t quite feel…well, normal. In addition to all the obvious environmental changes of handling your 9 to 5 from your den or dining room table, the technological aids you didn’t realize you loved back at the office probably don’t […]
Running a small business drops a lot on to the plate of just one person. And between juggling a dozen tasks that need to get handled daily, it’s no surprise that there are a dozen more equally vital tasks that can just as easily go overlooked. While posting to social channels and making web posts […]
The importance of reading is well documented. About half of America’s unemployed between 16 and 21 years old are functionally illiterate. And there’s an almost direct line between how much you read and your earning potential, with the richest Americans three times more likely to read than those with a household income below $30,000. However, […]