Dantas’ Inferno: “Crooked Journos Caught on Candid Camera?”

Luis Nassif has been insisting that Veja columnist Diogo Mainardi and other Brazilian journalists published articles favorable to Daniel Dantas — arrested last week for bribery of a federal officer, among other things — at Dantas’ behest, in return for an unspecified pro quo.
Mainardi and Azevedo have been suggesting that Nassif is merely a paid [...]

From the Tropical Adventures in Information Security File: “Did Cop Leak Pysch Eike Sneak?”

“Brazil’s biggest billionaire is born: Eike Batista is anointed by the stock exchange and finishes the week with US$20 billion.“ Forbes, however, currently ranks Batista as the No. 3-ranked Brazillionaire. Veja tends to just make things up.

O Globo reports: “Leaks” may have forced federal investigators to show their hands early in an investigation of rigged [...]

Agrenco Shares Still Suspended; CVM Demands Explanation of Noble Offer

Hot off the Bovespa’s Plantão Empresas, dramas in the Bahamas: Will LDC bail out the foundering Agrenco? Or just bail?

Agrenco publishes this update through the Bovespa’s Plantão Empresas corporate actions newswire.
Trading in its shares — BOVESPA: — remain suspended because the CVM and Bovespa were not satisified with its explanation for why it TOLD the [...]

Electrical Currents: Let There Be Light, S.A.

A share restructuring at Equatorial Energy puts PCP Latin America S.A. in direct control of the holding company, which controls the state energy company of Maranhão as well as Light S.A., which generates and distributes electrical power in Minas Gerais.
This apparently means that control of the company will be consolidated in the hands of a [...]

“CVM Builds Barriers to BDRs”

CVM restringe ação de S.A. com sede em paraíso fiscal: Valor announces that the CVM (the “Brazilian SEC,” as it is sometimes erroneously referred to) will make it more difficult for offshore corporations domiciled in “fiscal paradises,” to list Brazilian Depositary Receipts on the local exchange.
Empresas brasileiras com sede em paraísos fiscais terão mais dificuldade [...]