The world's central bankers: Profiles in Carnage

We already discovered that both Ben Bernanke and Mervyn King were well below-average. To this elite group we must now add their Spanish counterpart, as revealed in today's FT: "Vicente Martinez-Pujalte, economy spokesman for the ruling Popular party, criticised Miguel Angel Fernández Ordóñez, governor of the Bank of Spain, for failing to identify the problems among Spain’s banks in his role as their supervisor. “There is a governor of the Bank of Spain who, despite being able to count on some magnificent professionals, has not done a good job,” Mr Martinez-Pujalte said in an interview with Madrid regional television."

Perhaps we should compile a book with each chapter devoted to the contributions of one of these leaders. We could all it Profiles in Carnage, or something like that.