Posts Tagged ‘Petrobras corruption’
Brazil’s Economic Miracle; Seeing the Monster
![oil rig](https://crackerjackfinance.com/wp-content/uploads/2015/09/oil-rig-230x194.jpg)
The depth of corruption and scandal at Petroleo Brasileiro (Petrobras) isn’t your typical run of the mill emerging market scam. A conflux of events around the world, built up over decades, fostered the conditions for a defrauding of this magnitude. Post financial crisis, global central bank stimulus, created an environment devoid of scrutiny, resulting in…
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