Now that everyone’s talking tapes and memos and impeachment – firmly derailing the Trump rally which brought investors $3 Trillion in gains, Brazil’s index finds itself down 14% after hours on rumors that the chairman of meatpacking giant JBS SA covertly recorded a conversation with Brazilian President Michael Temer – allegedly discussing hush money payments to a jailed politician in exchange for silence.
Brazil tanked a/h on Globo report of there being recordings of the current President involved in foul play: https://t.co/dSArPp6ure
— Jesse Livermore (@Jesse_Livermore) May 18, 2017
— falafeldiaper (@falafeldiaper1) May 18, 2017
O Globo newspaper also reported that JBS Chairman Joesley Batista and his brother Wesley Batista played the recording for prosecutors as part of a plea bargain, and the meatpacking giant had also hired a law firm to discuss a deal with US authorities for leniency.
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