Overview
These troubles resulted from U.S. bank financing, including Security Pacific, of numerous growth and infrastructure projects throughout Latin American. This was a time in which the environment and leadership in many of these countries began drifting toward Communist or Socialist leadership and policies. Of particular concern during this period were the political change and events taking place in Latin America and the longstanding and ongoing threats and influence emerging from communist Cuba.
The book explains the causes and effects of the crisis as well as its ultimate cost to the banking industry. The store takes the reader through trips to Latin American, often humorous situations plus stressful personal encounters with Latin American leaders. The meetings include times spent with both Chilean dictator General Augusto Pinochet and Mexican billionaire Carlos Slim. The writing also details how the strategic plan of Security Pacific Bank's select workout team and their creation of debt for equity swaps resulting in exceptional returns. It also explains how Chile and its economic leaders, called the "Chicago Boys," plus our Chilean Security Pacific team made recovery from this difficult situation possible.
This book title, (nearly) Dead Bank Walking (Passing through the expanding 1980s threat of Latin American ....), ISBN: 9798350916379, by Robert Smith, published by BookBaby (November 6, 2023) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.
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