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Commodity Corner – Brazil’s Big Oil Bet – The Mangru Report on Fox Business – Episode 20 October 10, 2010

Posted by Admin in Market Commentary, Panel Discussion.
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While most people in America have been focusing on an upcoming General Motors (GM) IPO that was supposed to be some $70 billion dollars, it seems that Brazil has beat us to the punch. Recently, state-run Brazilian oil giant Petrobras (NYSE: PBR) raised some $70-75 billion in a secondary stock offering that was completed late September to finance the company’s growth and expansion, in particular new offshore deposits of oil found off the coast of Brazil.

Watch Dan Mangru and the Mangru Report Panel of Experts composed of John Browne (Euro-Pacific Capital), Anthony Pulieri (United Bullion Group), and Michael Solomon (Author, Where Did My America Go?) discuss whether the $75 billion was a good bet on Petrobras, whether the incoming Brazilian government will take Petrobras in a more socialist direction, and how the U.S. is invested in offshore oil in Brazil but not in America.

 

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Lou Pritchett Interview with Dan Mangru – The Mangru Report on Fox Business – Episode 20 October 6, 2010

Posted by Admin in Interviews.
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Retired Corporate Executive Lou Pritchett set off a national firestorm with his eloquent “You Scare Me” open letter to President Barack Obama.  Since he wrote it millions of Americans have passed it along online and it has made Lou a Tea Party favorite. 

As one of the pioneers of partnering and a major business partner of Sam Walton of Wal-Mart, Lou Pritchett discusses why it’s important to have business experience in government.  Pritchett also tells Dan Mangru what he would have done if he were president to General Motors, how America can use it’s intellectual resources to be better, how to operate a small business in a recession, small business outsourcing, and whether the Tea Party should just “amuse” President Obama. 

Also vote on our poll of the day on the Tea Party.