Karl BergerBanco Santander Brasil SABSBRCOMMENTNov 19, 2010
Likes having exposure to Latin and middle America. This one is a good play, but not sure what their exposure is to Greece, Portugal or Ireland in terms of bond holdings.
Brazilian politics now European banks are moving higher and better to buy than this. Doesn't want Latin American exposure now given the politics in Brazil. In fact, sell and get out of Brazil.