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re: Oil prices and stock market
Posted on 12/15/14 at 8:06 am to offshoretrash
Posted on 12/15/14 at 8:06 am to offshoretrash
I see Petrobras sliding another 30-50% and then im jumping in
1
Posted on 12/15/14 at 10:26 pm to lsugradman
quote:
I see Petrobras sliding another 30-50% and then im jumping in
From Bloomberg:
"In neighboring Brazil, benchmark bonds of oil producer Petrobras, the largest international borrower in the developing world over the past five years, plunged to a record low after it delayed its third-quarter financial results for a second time. The company is investigating new statements from witnesses in what has become Brazil’s largest-ever money laundering and corruption scandal as a rout in stocks and bonds spreads to almost every major Brazilian firm that has business with the state-run company."
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