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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Wyätt Gwyön who wrote (60190)5/3/2006 8:37:33 PM
From: 8bits  Read Replies (1) of 110194
 
"what is he referring to? oh, i guess the socialists in Peru/Bolivia who are acting quite sensibly. i would do the same thing in their shoes. a great time to dogpile on the US. thanks to Bush, many American cos will see their assets nationalized in marginal countries."

The bulk of the companies the assets that are being Nationalized in Bolivia are NOT American. Petrobrasilia (Brazialian) Repsol (Spanish-Argentinian) Totale (French) and BP (British) are the prime companies affected. Exxon does have a 30% stake in one field with Totale but that's about the extent of their exposure.
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