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InterBolsa Brokerage: A Liquidity Crisis Explained by ScribdTranslations is a document available to read on EtoBox.
The brokerage InterBolsa, the largest in Colombia, was intervened by the government after failing to make a payment of 20 billion pesos to BBVA. InterBolsa had liquidity problems derived from bets on shares of Fabricato that lost value. Despite meeting solvency requirements, the government intervened to prevent liquidity issues from turning into a larger hole that would affect investors. The story of InterBolsa is that of a firm that grew rapidly.
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