Commenting this week’s resignation of Brazilian chief of staff Antonio Palocci in the midst of a political crisis that has shaken Brazil in the past few days, former president Lula da Silva said that Dilma “had the authority to fire the chief of staff and acted at the right time.” Read full article
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Disclaimer & comment rulesI think we all now know why BNDES massive funding for industrial development went to the very biggest and already most successful companies,
Jun 10th, 2011 - 11:29 am - Link - Report abuse 0rather than the small Brasilian companies that REALLY needed the development funding in order to become Medium Sized Industries and ultimately Large Brasilian Multi-nationals.
Big companies give giant kick-backs,
and Palossi didn't get super-rich from a million little deals with embryonic companies.
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