 On 26 July 2007, Rafael Correa replaced finance minister Patiño, due to Patiño's appearance in a video recording, apparently discussing the market manipulation.Patiño then assumed a newly created position responsible for the Pacific coast region and later assumed the Politics Affairs Ministry.In a radio address on 13 December, Correa said that he wanted to force a "big discount" on creditors, whom a day earlier he called "true monsters who won’t hesitate to crush the country".