Wednesday, September 24, 2008

Brazil's President Mocking U.S. Investment Banks...He's Right

"The President of Brazil, Luiz Inácio Lula da Silva said on Thursday,
September 18, that he has watched with "sadness" the collapse of Wall
Street firms that made economic policy recommendations in emerging
markets "as if they were the super intelligent and we were the poor

"Important banks, very important banks, that spent their lives giving

advice about Brazil and what we should or shouldn't do are now broke,"
news agency EFE quoted Lula da Silva as saying in a speech in southern

Brazil - Brazzil Mag - Brazilian President Makes Fun of Wall Street's Super Brains

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