MercoPress. South Atlantic News Agency
Treasurer of Brazil’s ruling party formally charged in the Petrobras corruption scandal
Brazilian prosecutors have formally charged the treasurer of the ruling Workers' Party and 26 others with corruption linked to state-run Petrobras, in the latest blow to President Dilma Rousseff from the widening scandal. Read full article
Comments
Disclaimer & comment rules“The Workers' Party says all the donations it received were legal.”
Mar 17th, 2015 - 05:58 pm - Link - Report abuse 0Vaccari Neto and the other PT scumbags can allege want they want....the fact that the bribes passed on to the PT, from various contractors as well as from Petrobrás, were made to “look” legal, the origin of the money was not....so the noose is tightening, and am just waiting to see when the rats start begging for a chance to do a little whistleblowing, to try to save their sorry asses......
PBR is in the U$5/share are barely holding on.
Mar 17th, 2015 - 08:57 pm - Link - Report abuse 0At this rate it shouldn't be too long now before they're delisted.
yankeeboy, what if at 5 bucks its a bargain because of all of the assets? It's obvious to me the wall street media and bloggers are rigged. They made everyone scared to be short brazil and petrobras dring the marina silva farse....and then now everyone hates petrobras. I am still massively bearish on the brazilian economy. CFK alone means huge problems for Chile and Brazil.
Mar 17th, 2015 - 11:18 pm - Link - Report abuse 0http://en.mercopress.com/2015/03/17/treasurer-of-brazil-s-ruling-party-formally-charged-in-the-petrobras-corruption-scandal#comment386648: You seem not to be aware that there are both presidential and congressional elections to be held in Argentina later this year. So, if the current administration was your only concern you would have to be bullish on the Brazilian economy.
Mar 18th, 2015 - 02:56 am - Link - Report abuse 0Despite my hatred of the PT and all it represents, I still believe that Brazil will turn this crisis around and get back on track. I say this because I have lived through several “crises” in Brazil over the last 5 decades, and somehow the country always manages to survive. My realism , or lack of complete pessimism is based on prior experience, given that Brazil is larger than these idiots in the Federal Government. On the other hand, if the Government were serious, and had done what it should have, perhaps the crises would have had only a reduced impact on the contry's economy, and allow it to go forward instead 2 steps forward and one back.....In the last 12 years though, it's just gone backwards, economically and socially. The so-called improvements have been clouded by the enormous amount of problems caused by incompetence and corruption, and the only positive effect all this has had, it that the people have woken up....Dilma's popularity (government approval) is down to 13 % nationwide (same tendency in all 5 regions) , to the point that the political analysts are unanimous in affirming that her support is now limited virtually, to the militants of the Worker's Party...even those who voted for her in Oct 2014, but do not belong to the Party, are having second thoughts.
Mar 18th, 2015 - 03:05 pm - Link - Report abuse 0Commenting for this story is now closed.
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