Madrid - While world leaders have fretted over a financial crisis that seemed to bring the global economy to the verge of collapse, Emilio Botin has kept his calm.
"Crisis? Who is in crisis?" the president of the Spanish banking giant Santander, whose capacity to weather the turmoil has impressed the world, asked in July.
"Not Santander," Botin answered his own question. "The crisis is like a child's fever. It starts very strong, then goes down."
Last week, the 74-year-old veteran banker spoke about the crisis with more concern, but dismissed talk of it originating in the United States or in subprime mortgages.