Would you invest in a 6% bond maturing in 100 years in a country in the midst of a mini-civil war and whose residents are so desperately poor that they will risk their lives emigrating to a richer neighboring country? A lot of people answered yes to that question. Via Reuters: Mexico brought its first […]
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Civil War Continues In Mexico
Posted by Tom Lindmark on June 7th, 2009
You might want to think twice before lining up that vacation in Mexico. From Bloomberg: Sixteen gunmen and two soldiers were killed last night in a gun battle between the military and the men near the hotel district in the Mexican resort city of Acapulco, the Secretary of National Defense said. Nine more soldiers were […]
