Hypervigilant Observer

Following 45 GROWTH/EMERGING Markets: MEXICO, BRASIL,LATIN AMERICA,EASTERN EUROPE, RUSSIA, EUROZONE...from AUSTIN,TEXAS...with Freely Accessible, Reputable...ENGLISH LANGUAGE LINKS: Energy...Currencies...Crime... Tourism...Politics...Economics. HOARDING News Links...Since JUNE 2009...AD FREE.

Search This Blog

Subscribe To

Posts
Atom
Posts
Comments
Atom
Comments

About Me

View my complete profile

Popular Posts

  • BRASIL: 08 Feb UPDATE: Fire In Rio's "Samba City" Destroys Many Carnaval Floats.
  • SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
  • BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
  • BOLIVIA : Sole Plane Crash Survivor Describes Ordeal: Drinking Urine, Eating Bugs.
  • COLOMBIA: CAUGHT: 11-year-old Smuggling 74 Cell Phones And Gun Into Medellin Prison.
  • MEXICO : The Tragic Decline of Industrial Powerhouse Monterrey.
  • SERBIA / SPAIN / USA : Djokovic Wins US Tennis Open, Beating Nadal; Ranked #1.
  • SPAIN: 20 Arrested After Baggage Fees Riot On Ryanair.
  • AUSTIN / FRANCE / MEDIA : Lance Armstrong Denies Bullying Others; Claims People Will Forgive Him...Like Bill Clinton.
  • ARGENTINA / FRANCE : 13 Sept UPDATE: DNA Results Show Vera And Lasi Killed 2 French Students In Salta.

27 May 2011

VENEZUELA: Hugo Cans Half Of State's Oil Directors...After $453 Mn Pension Ponzi Scheme Loss.

M.PRESS/

     President Hugo Chavez personally fired half of state oil's PDVSA board of directors after its pension fund lost about $453 mn usd in a Ponzi scheme linked to a Connecticut-based investor.
     USA officials report that Venezuelan-American Francisco Illaramendi used investors’ money to cover losses.
      PDVSA says it will cover all pension fund losses.
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Labels: Hugo Chavez, PDVSA
Newer Post Older Post Home