Coming as it did from a shortlist of 1 this is not the most unexpected story of the decade. Even the week. But things being certain there will be caipirianah, beach, and bikinis a plenty, come 2014. Tudo bem! Let the overfinacing of new football stadiums begin. Let the cleansing of the slums commence. If the Brits think redeveloping Hackney for the Olympics is costly just imagine applying the same principles to Rio. If we thought the new Wembley stadium deal was a bit dodge just imagine how much money will be skimmed off the top in the world's second capital of corruption? As many Latinos will tell you, 'all politicians are corrupt'.
Project developers and bankers active in the region are no doubt already smacking their lips at the juicy backhanders, and price inflations, on offer.
Wise career gamblers of course have probably already placed a bet for Brazil to win el mundial 2014 outright. With them being the 5 times world champions at home it seems worth a punt.
Showing posts with label project finance. Show all posts
Showing posts with label project finance. Show all posts
Tuesday, 30 October 2007
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