Billionaire Whines then Loses $730 Million « Interesting News 2010

In his book “The Right to Defend My Good Name,” Pinhal says shareholders presented evidence to prosecutors that was one-sided and meant to push the executives out of the bank. “The denunciations were nothing more than a means to force ... Born on the Portuguese island of Madeira 965 kilometers (600 miles) from Lisbon, Berardo left school at age 13 to take a job at a winery where his father worked as a laborer. He later began amassing his fortune by extracting gold dust ...