In 1980, it vainly badgered the country to go to the IMF
Citations (1)
- The House of Morgan - An American Banking Dynasty and the whole source · open book
In 1980, it vainly badgered the country to go to the IMF. When the bank went to the IMF instead to get its perspective on Brazil—an exercise meant to instill market confidence—Delfim Netto, Brazil’s short, squat, bespectacled planning minister, got very angry. He thought Morgans was going behind the country’s back to check up on it.
chapter: 32. Samba