The making of a new alliance

"Examines the prevarication of the Mexican banks that started in May of 1990. Finds that in the process of privatization the government showed its relative autonomy from the former bankers whose assets were nationalized in 1982. In fact, the government has shown that it was not at the mercy of specific private financiers. The banks were not sold back to their previous owners, but to the highest bidder"--Handbook of Latin American Studies, v. 57.