Brazilian Crisis Does What Three Coups and a Default Couldn'tBy
Second-oldest brokerage joins wave of closures as losses mount
Exchange promised 4.5 million new investors, lured just 6,000
Corretora Souza Barros Cambio e Titulos SA survived three coups, a sovereign default and hyperinflation that doubled prices every other month. But Brazil’s second-oldest brokerage couldn’t withstand today’s crisis.
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