Cacciola Comes Home

Apologia pro vita sua and “witness to history” read of the week.
Writing in the Observatório da Imprensa, Luciano Martins Costa comments on the imminent extradition of former Marka Bank president Salvatore Alberto Cacciola from Monaco.

I often warn you of getting too caught up in the scandalous aspect of Brazilian newsflow — the teapots here can [...]

Net Serviços: The Cable Empire Has No Disclose

In the Bovespa’s Plantão Empresas newswire today (above, click to zoom), Net Participações S.A. informs us “that its financial statements, set forth according to international accounting standards in both Portuguese and English, for the period ending March 31, 2008, along with management’s comments on results for the period, are available on the Bovespa Web site [...]

Ecce Veja: Nassif “The Thief” On Debt Relief

Veja magazine, March 2002: “The Dossier Wars: Politicians and spies have set up a slander industry in Brazil.” Right: And Veja has evolved into that industry’s Yoyodyne. Ask Veja about the work that Jairo Martins later did for it (and testified to a congressional committee about).
Luis Nassif is a Brazilian business journalist who runs a [...]

Non-Event of the Month: BrT-Oi Merger?

Telecom is strategic: Brasil Telecom. Click to zoom.
Para presidente da Portugal Telecom no Brasil, divergências com sócios da Vivo estão superadas: “According to president of Portugal Telecom in Brazil, disagreements with Vivo partners have been overcome.” O Globo reports.
Last week, we read that the merger between Brasil Telecom and Oi (former Telemar) would be officially [...]

Record TV Journalist: “I Was Filmed Doing Lines At Gunpoint”

Cutucando a onça com vara curta: The Brazilian Brian Williams and the woman who says she is his lover — and his contact with the leadership of the PCC criminal faction. He says she forced him to snort lines at gunpoint while filming him with her cell-phone. Classic videoscandal scenario — or another triumph for [...]

Brazil: Universal Pictures Play to Empty Local Houses

The WordPress-powered MiniC dot gov dot Brazil: Leprechauns refighting the war with Paraguay, but information is hard to access.
Source: Relatório reservado nº3360 17/04/2008
O susto levado no ano passado, com a redução no número de espectadores nas salas de cinema, fez a Universal Pictures rever o seu modelo de negócios no Brasil. A companhia norte-americana [...]