The money network:

The money network:

Why crowdfunding threatens traditional bank lending

The truth about Asian investment banking

November 2005

Chile: Touchy-feely Bachelet preaches atypical warcry

by Leticia Lozano

Leading presidential candidate promises orthodox finances.


Chile’s leading presidential candidate, leftist Michelle Bachelet, does not preach change, the archetypal mantra of the aspiring Latin American leader. That would be a tough sell since outgoing president Ricardo Lagos is a fellow socialist and has a 60% approval rating. Instead, she speaks of making Chile “friendlier, nicer, more loving”. Well ahead in the polls and expected to win the December elections, the 54-year-old doctor could be forgiven for feeling there is little work to do after Chile’s...


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