If you live in one of the countries on Earth, you have a great chance to have eaten JBS' beef, (or pork, chicken, hotdogs, etc),
More than 200,000 employees, they export to over 150 different countries, not bad at all !
From 2007 after buying Pilgrim's Pride and aquiring Bertim, another Braziliam Beef Company, it started to grow with a business hunger of a Giant. Margerine, yogurt, cheese, pastrami, you name it , JBS has them all.
In Brazil dozens of large abbatoirs were bought, killing competition, strugling cattle farmers.
Ok, but how do they get so much money to buy companies like that, besides their profits ?
The answer is a Public Brazilian Bank called BNDES, that loaned the beef company more than R$30 billion ( US$1.00 = R$2.95). We are talking US$10 billion.
Ok, what beef and politics have in common ?
In 2002, they donated R$200,000, in 2006 R$19.7 million, in 2010 it was R$83million and last year, the amount of R$391.8 million was donated to 16 different political parties in Brazil.
There is no free lunch, not here not anywhere, more is about to come.
More than 200,000 employees, they export to over 150 different countries, not bad at all !
From 2007 after buying Pilgrim's Pride and aquiring Bertim, another Braziliam Beef Company, it started to grow with a business hunger of a Giant. Margerine, yogurt, cheese, pastrami, you name it , JBS has them all.In Brazil dozens of large abbatoirs were bought, killing competition, strugling cattle farmers.
Ok, but how do they get so much money to buy companies like that, besides their profits ?
The answer is a Public Brazilian Bank called BNDES, that loaned the beef company more than R$30 billion ( US$1.00 = R$2.95). We are talking US$10 billion.
Ok, what beef and politics have in common ?
In 2002, they donated R$200,000, in 2006 R$19.7 million, in 2010 it was R$83million and last year, the amount of R$391.8 million was donated to 16 different political parties in Brazil.
There is no free lunch, not here not anywhere, more is about to come.
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