This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Spanish King Apologizes For Elephant Hunting Trip

CIARAN GILES

MADRID (AP) â¿¿ In an unprecedented act of royal contrition, Spain's king apologized Wednesday for having gone elephant-hunting in Africa while everyday people endure a severe economic crisis.

"I am very sorry. I made a mistake. It won't happen again," King Juan Carlos said, trying to placate a rare wave of outrage against him.

Looking sheepish and using crutches to walk, he spoke as he left a Madrid hospital where he had undergone surgery after breaking his hip in a fall during the hunting trip to Botswana.

The 74-year-old monarch had come under scathing criticism this week after he went on the expensive safari as both Spain and its citizens struggled amid an economic crisis that has worsened by the day.

The trip came to light when the king fell and had to be rushed back to Spain Friday.

A royal palace official denied news accounts that the monarch left the country without telling the government. The official said that on April 2, in a routine weekly meeting with the prime minister, the king told him that the following Monday he would be in Botswana.

Justice Minister Alberto Ruiz-Gallardon said Tuesday that Prime Minister Mariano Rajoy always knows where the head of state is.

The palace official said the king made the trip as a guest of unnamed hosts â¿¿ so no taxpayer money was spent. The official spoke on condition of anonymity in line with royal palace policy.

Many Spaniards were dumbfounded that the king could make such an opulent journey â¿¿ and, to boot, one to hunt elephants even though he is honorary president of the Spanish branch of the World Wildlife Fund â¿¿ while everyday people brave a 23 percent unemployment rate, a shrinking economy and fears that the country will be the next after Greece, Ireland and Portugal to need a bailout.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,431.77 +6.92 0.04%
S&P 500 1,860.62 -1.69 -0.09%
NASDAQ 4,090.6680 +4.4430 0.11%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs