Word: mayorga
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Dates: during 1990-1999
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...peace with the Sandinistas, Lacayo has dealt with them very gingerly, opening him up to another set of criticisms and splintering the 14- party coalition that supported Chamorro's candidacy. Francisco Mayorga, who served as Central Bank president, resigned last October after stormy clashes with Lacayo. Says he: "Antonio can't make any decision without the acquiescence of the Sandinistas...
...were born poor, and we'll be satisfied to die poor," had a last-minute change of heart. In April the President's office ordered the withdrawal of $3.6 million in U.S. currency from the Central Bank, plus the equivalent of $5 million more in Nicaraguan cordobas. Francisco Mayorga, who, as Chamorro's first Central Bank president, inherited the mess that the Sandinistas left behind, estimates that a total of $24 million was looted from the bank...