Democracy is a device that insures we
shall be governed no better than we deserve.
(George Bernard Shaw)

  


A young executive was lunching with his boss, who had embarked on a long explanation of how he had succeeded in business. "When I arrived in this town, young man, I had a brown paper parcel which represented my entire worldly possessions. Within a year I had built three factories, employed 1,500 people, lived in a large house, and drove a Mercedes."
"That's some achievement, sir," replied the young executive. "Please tell me, what did you have in your brown parcel?"
The boss smiled and puffed on his cigar, "Two and a half million in cash."

The financial services sector in Argentina is clearly capturing our attention.

After the implossion of the economy in 2001, and the following monumental losses of the sector, Banks have seen profits soar.


What can a company do to capture the growing Hispanic population in the US? How much should be invested towards that goal? After a few unsuccessful attempts to break into the US market, we had reached the conclusion that it was impossible to fight against the perception the US has of products from Latin America in general as being poor in quality. Has that perception changed today?
 

Guatemala - EMBRAER - Georgia Tech - Massachusetts - Sitel - Univision - Globant - Ooops - TAM - Remittances - Education.
 

Each month we will ask a friend to write an article to be included in this section. The subject matter will depend on the Guest Speak, and his area of expertise, ranging from politics to business, finance, etc. This month, being the first number of the newsletter our Managing Partner, Santiago Umaschi, is writing this section.