Pinera's Political Divestments: Everything But A Firesale

If you ever had doubts that financial power confers political power, a quick look at Chilean President elect Pinera's campaign spending will nicely prove the point. Pinera spent US$9.6mn on his campaign or 50% of the total spent by 2010 Presidential candidates. On a relative scale, this even dwarves George Bush's US$345mn spending on the 2004 US campaign, which only amounted to 20% of total candidate spending. Yet Pinera is not content with reaching political heights through financial might; he now wants to make sure that he maintains a hand in the business world which put him on his political

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