Tuesday, September 11, 2007

Carlos Slim News Article - The Idea of Power

Prodded by the Left, Mexico's Richest Man Talks Equity - The New York Times - June 3, 2006

"Damian Fraser, chief Latin America equity strategist at UBS Warburg in Mexico City, said it was probably a little of both. "He's become a lot wealthier, and whether he likes it or not he's become a much higher profile international figure," Mr. Fraser said of Mr. Slim. "And Mexico has become a much more democratic country, so it's no longer sufficient to have a good relationship with the president and the finance minister to make things work the way you want. You need to have many more levers of power.""

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