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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.910-9.5%Nov 20 3:59 PM EST
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To: MGV who wrote (7865)9/11/1998 12:02:00 PM
From: djane  Read Replies (2) of 22640
 
So, the $20B to be paid by foreign carriers for TBR just about equals the amount paid out of reserves by the Brazilian govt in this recent crisis. Incredibly sad, wouldn't you say? Brazil had much better things to do with the money other than paying off speculators and paniced foreign investors.
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