We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Belly up

5 June 2012 By Raul Gallegos

The central bank seized consumer lender Cruzeiro for “serious” financial violations. The episode may show what happens when a bank loses its way in a lending frenzy. Government policies of lax lending and loose money are taking a bite out of an otherwise sound financial system.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)