Brazil’s Wealthiest Woman Unmasked With $13 Billion

Aug. 23 (Bloomberg) -- Matthew G. Miller, a Bloomberg News editor-in-large, talks about "hidden billionaire" Dirce Navarro de Camargo, the third richest person in Brazil. With a net worth is $13.1 billion, she is the 59th-richest person in the world, according to the Bloomberg Billionaires Index. A grandmother whose birth date could not be confirmed, Camargo controls Sao Paulo-based conglomerate Camargo Correa SA which has interests in cement, electricity and Havaianas flip-flops. (Source: Bloomberg)

Why Some Consider the New Crisis to be European Banks
13:19 - European lenders have so much access to funding that worries about the failure of a large global bank haven’t kept Goldman Sachs Group Inc. from dealing with them, Chief Executive Officer Lloyd Blankfein said. “By and large, we haven’t been that worried about the big global banks, but I won’t write a blank check on that,” Blankfein said Tuesday at an investor conference in Miami. Alvine Capital Management Investment Committee Chairman Stephen Isaacs discusses the outlook of the European banking sector with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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