Walk to the bank
Author
Trail stats
- Distance
- 1.27 mi
- Elevation gain
- 23 ft
- Technical difficulty
- Moderate
- Elevation loss
- 23 ft
- Max elevation
- 253 ft
- TrailRank
- 12
- Min elevation
- 253 ft
- Trail type
- One Way
- Moving time
- 37 minutes
- Time
- 50 minutes
- Coordinates
- 280
- Uploaded
- February 24, 2020
- Recorded
- February 2020
near Trinidad, Sancti Spíritus (Republic of Cuba)
Viewed 33 times, downloaded 0 times
Itinerary description
Following the Cuban Revolution of the 1950s, the Cuban banking sector came under the control of the new regime. The new authorities famously appointed Che Guevara as President of the National Bank of Cuba (Spanish: Banco Nacional de Cuba) in 1959. Guevara often retold the apocryphal story of how he gained the job at the bank; Fidel Castro had asked if there were an economista in the room and he had put his hand up – much to Castro's surprise. Guevara had mistakenly thought that Castro had asked for a comunista.[1]
Guevara's appointment seemed somewhat ironic, as he often condemned money, favored its abolition, and showed his disdain by signing Cuban banknotes with his nickname, "Che."
The 1990s saw the restructuring of the Cuban banking system, with new commercial banks created, and a new central bank, "Banco Central de Cuba" set up. The architect of this restructuring, Francisco Soberón, became the first president of the new central bank.
Guevara's appointment seemed somewhat ironic, as he often condemned money, favored its abolition, and showed his disdain by signing Cuban banknotes with his nickname, "Che."
The 1990s saw the restructuring of the Cuban banking system, with new commercial banks created, and a new central bank, "Banco Central de Cuba" set up. The architect of this restructuring, Francisco Soberón, became the first president of the new central bank.
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