Good night everyone!

[LongCoolMother]

im off to bed now...got lots of stuff to do tomorrow! including buying those shoe cleaner things. gonna go shower etc. now.

only about 1am on the west coast here

 

[Zim Hosein]

Good Night LongCoolMother, it's 10 to 4 here on the East coast

 

[TheOmegaCode]

nighty night, I'm off to bed myself... Have to get rested for a big CStrike tourney tommorro...

 

[BrunoPuntzJones]

I'm working on a case for First International Bank of California, and whether they should expand into Mexico

Just got done with economic and political factors. Just have technological, social, human resources, leadership, operations, marketing, finance, entry barriers, existing competitors, power of purchasers, and power of suppliers to go :disgust::|

 

[Jokeram]

good night.. almost 4 here.

 

[TheOmegaCode]

<< I'm working on a case for First International Bank of California, and whether they should expand into Mexico

Just got done with economic and political factors. Just have technological, social, human resources, leadership, operations, marketing, finance, entry barriers, existing competitors, power of purchasers, and power of suppliers to go :disgust::| >>


I'd say go for it. Mexico is rich in natural resources, but they lack the strict government to regulate it... So, milk em for what they're worth... It's the American way...

 

[BrunoPuntzJones]

I have to do this from the 1995 perspective

Current consumer interest rates are 30%
Average default is 8%

The value of the peso sucks.
No IT infrastructure like in the US

The gov can step in at anytime and close US banks if they "feel" that the US has too much of the market. Cant buy Mexican banks once the US reaches 4% of control of the banking market in Mexico

Lots of regulations which benefit the gov. were passed. If you operate a bank you are at the mercy of the gov as to what you are required to do. In 82 the gov ran up so much interest and debt that it accounted for 16% of the country's GDP

Initial investment would cost $100 mil

gotta get those parts done tonight too. I'm not to the point where i can come up with strategies and stuff. that'll be later this weekend

 

[TheOmegaCode]

Talk to me on tuesday... that's when I have econ... too tired now...

p.s. DONT TALK TO ME ON TUESDAY... last thing I need is a headache...

 

[ThaGrandCow]

Never
Eat
Finely ground 'shrooms before bed

 

[BrunoPuntzJones]

I'm missin the Jeffersons because of this too :|

School can be a biznatch sometimes. Nothing better than spending Friday night in front of the computer working on homework