The Global Investor

When Ernesto Zedillo Ponce de Len of the ruling Institutional Revolutionary Party put eight months of political turmoil to rest and captured the Mexican presidency in national elections on Aug. 21, victory celebrations took place not only in Mexico City but 2,200 miles away on Wall Street. All across America, recalls Leo E. Guzman, president of Guzman & Co., a Miami securities dealer specializing in Latin stocks, "brokers were getting a load of orders" for Mexican equities.

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