Swiss Bank Chief quits/Germans and Aliens

Swiss central bank chief Philipp Hildebrand has resigned in the face of growing criticism of a controversial currency trade made by his wife in August.  A banker and his associates caught doing something dodgy....well there's a surprise!

http://www.nytimes.com/2012/01/10/business/global/swiss-central-bank-chief-tenders-surprise-resignation.html

And Paul Krugman's "Germans and Aliens" blog yesterday.  As he concludes: "It remains remarkable to see with how little wisdom the world is governed"...
http://krugman.blogs.nytimes.com/2012/01/09/germans-and-aliens/