Tag Archives: National Commission for the Protection and Defense of Financial Services Users

Investors Panic, Bolsa Plunges and Peña Nieto Doesn’t Even Say Quack

By RICARDO CASTILLO     Here’s the sequence of events that led to a market selloff at the Mexican Stock Exchange (Bolsa Mexicana de Valores) that provoked the loss of nearly 6 percentage points and nearly 90 billion pesos over the last week, mostly for banks. First, on Wednesday, Nov. 7, came the not-so-casual news from the National Regeneration Movement (Morena) political party majority leader

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