Citigroup Urges Mexico City to Curb Lopez Obrador Protesters

July 19 (Bloomberg) — Citigroup Inc.’s Mexican unit urged Mexico City authorities to keep supporters of Andres Manuel Lopez Obrador from hampering business after some 150 protesters blocked access to the bank’s branch and offices downtown today.

Protesters obstructed an entire block in the city’s colonial center, where the Mexican unit of Citigroup, known as Banamex, has two buildings, according to bank spokesman Jose Ortiz- Izquierdo. The blockade, which lasted from 7:45 a.m. local time (8:45 a.m. New York time) to 12:30 p.m., prevented customers and 700 of 800 employees from entering, he said.

“We called the police, they sent two buses with 30 officials in each, and they didn’t do anything,” Ortiz-Izquierdo said in a telephone interview from Mexico City.
bloomberg.com

As Mexico Awaits JudgesÍ Ruling The Writing Is On The Wall And In The Streets
…At this point, 16 days after the election, it is difficult to imagine how Calderon could govern Mexico if the TRIFE denies a recount and accepts the IFE numbers. A Calderon presidency would inherit a country divided in half geographically between north and south. Both the PAN and the PRD won 16 states a piece although AMLO’s turf contains 54 per cent of the population and most of Mexico’s 70 million poor ? an angry majority that will refuse to accept the legitimacy of a Calderon presidency for the next six years. Faced with a similar situation after he stole the 1988 election from leftist Cuauhtemoc Cardenas, Carlos Salinas had to call out the army.

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