Ecuador: The bond and pony show
By Fausta's Blog on June 10, 2014
The Economist looks at this week’s roadshow to peddle new Ecuadorian sovereign bonds in London, Boston, Los Angeles and New York, and opens with the old saying, Fool me once, shame on you; fool me twice, shame on me. Ecuador and the capital markets Fool me once Caveats remain. The state of the public finances warrants scrutiny. . . .