Investors fret over Lula’s approach to Brazil’s state-controlled companies

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FT told us so many strange things. Maybe they come to realize that Lula institutionalized the biggest system of corruption in the world (maybe after China)

So sad they can’t scrape off the top of public wealth anymore - will there be a memorial service for the investments?

President Lula amended the State-Owned Companies Law in the first days of his administration, through a provisional measure. The Law stipulated strict parameters for public companies, prohibiting the appointment of politicians to their boards.

Your “journalists” help elect this crook FT…congrats

If you haven't sold your assets in Brazilian state companies, you're in for a ride.

Investors should also fret about USA’s debt which is backed by hot air and a printing press

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 /  🏆 113. in RU

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