Mexico's bourse looks more like a battleground these days than a
financial market.
The smoke has yet to clear but heads have already started to roll,
beginning with Manuel Robleda's, the exchange's president for the
past nine years.
Robleda has been forced out following a simmering feud between
exchange management and it shareholders over how to revive the
market's sagging fortunes.
After years of being held at bay, the 25 active brokerages with
seats on the board of the stock exchange won a partial victory by
ousting him.
Efforts to replace him with a high-ranking brokerage executive
were stymied by the government. Instead, he was replaced by
Guillermo Prieto Trevino, the head of Mexico's pension fund
regulator and...
