Tag: BNDES

Bloomberg: The Dirty Family Secret in a Brazilian $20 Billion Buying Spree

by Gerson Freitas Jr, Tatiana Freitas, and Jeff Wilson May 26, 2017 When beef tycoons Joesley and Wesley Batista sat down with Brazilian prosecutors last month and told them all they knew about the metastatic corruption scandal known as Carwash, they also let the world in on a dirty family secret. The meteoric rise of…




The Daily Reporter: CommStock Report

Thursday, March 23, 2017 By David Kruse, president of CommStock Investments, Inc. A Bloomberg story on JBS said that since 2005 the Brazilian meatpacking company “bought more than a dozen companies for $14 billion in cash, stock, and debt to become the biggest meat company in the world.” Long time subscribers know that I have…