[MNGal]

I seem to remember that the Obama administration gave millions of dollars (or more?) to assist Petrobas and the Brazilian oil industry a short time after the Gulf oil spill and tightening of drilling restrictions. If I recall correctly, many of the U.S. Gulf drill rigs ended up relocating to Brazil. Does anyone else remember this, or am I nuts?

[ryderann]

Sure. Soros was big in Petrobras then.

[Red Badger]

You are correct..............

[muglywump]

I’ll take Petrobras for $ 2 billion, Alex.

http://www.wsj.com/articles/SB10001424052970203863204574346610120524166

[cherry]

I vaguely remember that $20 billion was sent there...