Pablo Hernández de Cos, one of two candidates for the job of president of the European Central Bank, signaled that monetary policy-makers should remain attentive to inflation risks, speaking in an interview with Tagesanzeiger

Pablo Escobar was worth about $3 billion. His sentence: five years at most, in a prison he built himself, with a waterfall. The same day he surrendered, Colombia banned extradition. In the video below, a French TV crew films him at home, years before the deal. He explains why he thinks cocaine isn't the real problem. "We have to be realistic. We are living in the civilization of cocaine." His son says he once burned about $2 million in cash to keep his daughter warm. His brother Roberto, the cartel's accountant, said they spent about $2,500 a month on rubber bands and lost 10% of the cash every year to rats and water. "There is no difference between a man lying on the sidewalk because he's drunk and a drug addict." On June 19, 1991, Colombia's constitutional assembly voted to ban extradition. That same day, Escobar turned himself in. His prison, La Catedral, was built to his design, with a football pitch, a bar, a jacuzzi and a waterfall. In July 1992, when the government tried to move him to a real prison, he walked out. For 16 months, he kept every phone call short so it couldn't be traced. Then a call to his son ran long. He died on a rooftop in Medellín, a day after turning 44. The case for the deal: it stopped a wave of bombings and put the most wanted man in Colombia behind walls without a shot. "Today it's cocaine that's dangerous. Why? Because it escapes American control. Because Colombians produce it." $3 billion. $2,500 a month on rubber bands. Five years, in a prison with a waterfall. Did Colombia make a smart deal, or did it hand Escobar the keys?