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Re: eFinanceMarkets post# 1694

Thursday, 05/18/2017 12:33:54 AM

Thursday, May 18, 2017 12:33:54 AM

Post# of 1749
Petrobras, Vale plunge as Brazil president reportedly discussed hush money

Petrobras (NYSE:PBR) -11% and Vale (NYSE:VALE) -7% AH following a report that Brazil's Pres. Temer was taped approving the payment of a bribe as part of the country's ongoing corruption probe.

The O Globo newspaper cites plea bargain testimony of a top businessman discussing with Temer a hush money payment to keep the jailed former House Speaker from testifying in the investigation.
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