Odebrecht Files for Bankruptcy Protection

When a huge global construction conglomerate like Odebrecht ends up in a John Podesta email released by Wikileaks, one should take some notice, right?

Odebrecht, the Brazilian company that is synonymous with corruption, decided to file for bankruptcy protection on Monday after years of graft scandals and trials involving top Latin American businessmen and politicians. Founded in 1944 as a construction company, Odebrecht expanded into the chemical and energy industries to become one of Brazil’s largest conglomerates. It counts among its building achievements the Miami International Airport, the Lisbon metro, and Brazil’s Transnordestina railway. At one point, its global success was seen to have symbolized Brazil’s economic boom.

Anyone Paying Attention to Wilbur Ross, Commerce Sec?

What is Wilbur Ross worth? The answer is a slippery one when you ask Wilbur to respond. There is a dispute when it comes to his financials in the ranger of a billion or two. Further, where did his wealth come from you ask? Well there were allegedly family trusts, hotels, shipping companies, steel, banking in Cyprus and even those Rothschilds. More here from Forbes.

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Wilbur Ross’ company has been moving LPG for a Russian gas giant.

Citizenship for Sale in U.S and EU, the Golden Ticket

In the United States, with a starting number such as $500,000, you can buy a passport and with just a little more you can advance to citizenship under the EB-5 visa program. Swell huh? It has been going on for years and even Senator Dianne Feinstein has an issue with it. So, where is President Trump on the matter? Crickets…..

In February of this year, Senator Grassley and Feinstein introduced legislation to stop the EB-5 abuse.