From: Daniel Sabba Sent: 7/17/2015 2:10:22 PM To: jeffrey E. ([email protected]) CC: Paul Morris ; Stewart Oldfield I I; Ariane Dwyer Subject: FW: (BN) As Lula Corruption Probe Begins, Brazil's Crisis Heats Up A [C] Classification: Confidential See below. Maybe we look into BRL puts and add to credit protection? Original message From: Daniel Sabba (DEUTSCHE BANK SECURI) (mailto:sabbdan4bloomberg.net] Sent: Friday, July 17, 2015 2:09 PM Subject: (BN) As Lula Corruption Probe Begins, Brazil's Crisis Heats Up A (BN) As Lula Corruption Probe Begins, Brazil's Crisis Heats Up A gain Vahe Stepanian This has been prepared solely for informational purposes. It is not an offer, recommendation or solicitation to buy or sell, nor is it an official confirmation of terms. It is based on information generally available to the public from sources believed to be reliable. No representation is made that it is accurate or complete or that any returns indicated will be achieved. Changes to assumptions may have a material impact on any returns detailed. Past performance is not indicative of future returns. Price and availability are subject to change without notice. Additional information is available upon request. As Lula corruption Probe Begins, Brazil's crisis Heats Up Again 2015-07-17 03:00:01.0 GMT By Anna Edgerton (Bloomberg) -- The political crisis engulfing Brazilian President Dilma Rousseff got a lot bigger Thursday, when the man who was both her mentor and predecessor was named as the target of a federal probe into foreign business transactions. Former President Luiz Inacio Lula da Silva, whose widespread popularity paved the way for Rousseff's election in 2010, is under investigation on allegations of influence peddling to help construction company Odebrecht SA win contracts in Panama and venezuela after his term ended. while Lula denies any wrongdoing, the investigation still could further bog down an administration that's strugglin