Denial Ain’t a River in Egypt

"Wow." That was my initial response during Q&A to the several molotov cocktails that Credit Suisse beverage analyst Carlos Laboy lodged at many at the Beer Business Daily Beer Industry Summit on Monday. I jokingly told him his lavalier mic also provided a bulletproof forcefield. Carlos makes the case that lots of global beverage industry constituencies, from Modelo to Coca-Cola to A-B distributors to even their own minority shareholders, are "in denial" about AB InBev's ability and desire to transfer wealth to their own majority shareholders, largely at their expense .

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