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Bloomberg

Bloomberg

June 17, 2016 | Daily Business Review

Countrywide's Mozilo Off the Hook as US Declines to Sue

Thye Justice Department has decided not to pursue a civil suit against Countrywide Financial co-founder Angelo Mozilo, who became a poster child for suibprime mortgages after the housing crash.

By Keri Geiger, Greg Farrell and Tom Schoenberg Bloomberg News

11 minute read

June 16, 2016 | Daily Business Review

Bugging in Brazil Scandal Exposes Fear of Biggest Betrayal Yet

The tale of Brazil's political crisis is one of betrayals, and the most explosive one may be yet to come.

By Sabrina Valle and Blake Schmidt, Bloomberg News

9 minute read

June 14, 2016 | Daily Business Review

$26 Billion LinkedIn Sale To Microsoft Handled By These Law Firms

Simpson Thacher advised Microsoft and Wilson Sonsini represents LinkIn on the dela valuing the networking site at $196 per share.

By Bloomberg News

18 minute read

June 08, 2016 | Daily Business Review

Sewage-Stained Rio Olympics Revive Brazil's Privatization Dreams

Two months before the Olympics, the world is eyeing the sewage off Rio de Janeiro with both alarm and black humor: marathon swimmers say they are afraid of getting sick while Saturday Night Live has depicted President Dilma Rousseff saying blithely that Brazil just needs to "take 1 million poo-poos out of the river."

By Blake Schmidt and David Biller, Bloomberg News

4 minute read

May 23, 2016 | Daily Business Review

How Panama Papers May Be a Boon for Cash-Strapped Argentina

When leaked Panama Papers listed President Mauricio Macri of Argentina as the director of an offshore shell company, he found himself on the front page of the world's newspapers for all the wrong reasons. But the documents may ultimately prove to be a blessing for his cash-strapped government and its ability to repay debt.

By Charlie Devereux Bloomberg News

4 minute read

May 19, 2016 | Daily Business Review

People Openly Sell Votes for $20 in the Dominican Republic

Jayson was a first-time voter in the Dominican Republic, or would have been, if he'd had any intention of voting. Instead he was figuring out how to turn his ballot card into cash.

By Ezra Fieser Bloomberg News

9 minute read

May 19, 2016 | Daily Business Review

Uruguay Is Betting Size Doesn't Matter in Global Caviar Market

Beef and wine producer Uruguay is branching out into a product not normally associated with the pampas of South America: caviar. And it isn't just any caviar, it's premium ossetra caviar, and give it another few years, the even more expensive beluga caviar.

By Ken Parks Bloomberg News

3 minute read

May 18, 2016 | Daily Business Review

A Day With the Buy-and-Flip Hustlers Who Rule in Venezuela

They are called bachaqueros and they start their day at 2 a.m. They line up and sell everything, even their place in line.

By Andrew Rosati Bloomberg News

10 minute read

May 11, 2016 | Daily Business Review

Dead-of-Night Reversal Puts Brazil Impeachment Back on Track

The drive to oust President Dilma Rousseff is back on track after the head of the lower house reversed a decision that had earlier threatened to throw the entire impeachment process into chaos.

By Arnaldo Galvao, Raymond Colitt and Anna Edgerton, Bloomberg News

4 minute read

April 23, 2016 | Daily Business Review

The $38 Million CEO Who Out-Earned His Florida Software Company Last Year

Support for Ultimate's pay practices have averaged just 66 percent in the past five years, the kind of level that typically triggers company boards to reconsider.

By Caleb Melby and Alicia Ritcey, Bloomberg News

15 minute read