February 15, 1989 |
The government has arrested four prominent stockbrokers and is investigating 148 others on charges of illegal trading stemming from the historic crash of the Mexican stock market in October, 1987, a spokesman for the attorney general confirmed Tuesday. The spokesman said federal police detained Eduardo Legorreta, head of Operadora de Bolsa, the country's second-largest brokerage firm, on Monday night.
April 18, 1989 |
Tens of thousands of dissident teachers walked out of public schools in a wildcat strike Monday to press their demands for a 100% pay raise and for "union democracy," including the ouster of their pro-government leaders. Thousands of primary and secondary schools in the capital and throughout the country were closed or only partially operating. The states most affected were Mexico, Oaxaca and Chiapas. The dissident teachers, a faction of the National Union of Education Workers, rejected a 10% pay increase offered by the government last week and said they will remain on strike indefinitely.