Word: financiera
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...resort of Punta del Este - the biggest robbery 'in Uruguayan history. Several days later, after the thieves discover that some of the haul belongs to a pool for casino employees' tips, they graciously offer to return that amount. At about that time, four men break into the Financiera Monty, a Montevideo finance company that deals in currency exchange and real estate. Although the men make off with thousands of dollars and six account books, the company does not report the incident to the police. A few days after the heist, Montevideo papers and radio stations receive mimeographed messages...
...1940s Jenkins was in a position to swallow an entire $5,000,000 issue of bonds by the Mexican government's holding corporation, Nacíonal Financiera, without apparent strain. When a projected four-lane highway from Mexico City to Querétaro lagged for lack of funds, Jenkins lent the contractors $25.6 million to finish the job, while at the same time offering the government $80 million to help finance a new superhighway from Puebla to Mexico City. Among his reported holdings today: the Bank of Commerce, textile mills, cement plants, an automobile assembly plant, finance companies...
...from 1934 through 1940, when President Lazaro Cardenas expropriated foreign oil companies. Since then, Mexican Presidents have turned to the right, encouraging domestic and foreign private enterprise. The government itself became big business, running rai roads and oil, sharing investments with private capital through its own development corporation, Nacional Financiera...
...Overemphasize the role of Nacional Financiera to the point where it dominates rather than facilitates industry...
Mexico, in song and legend a sun-drowsy land where only the beans jump, is leaping energetically toward new levels of prosperity in mid-1956. Industrial production, reported the RFC-like Nacional Financiera last week, is running a spanking 12% ahead of last year's record rate. Farm output has risen 50% in the last three years. In both consumer goods and food production, Mexico has gained important ground toward self-sufficiency. And like grace notes to these impressive fundamentals...