Posts in Category: News Around The World


Ricardo Guimarães leads an institution in the financial sector dating back to early last century, more precisely to 1930 when his grandfather founded the Land Credit Bank. The grandson of Sir Antonio Mourão Guimarães was the fourth member of the family to play the financial Market.


Ricardo Guimarães under the management of the BMG has adopted an innovative approach to become a leader in consigned credit in Brazil. It operates through a lean and efficient team. It has over 50000 employees spread across every municipality in Brazil. It offers personal credit with low interests for a demographic with low default rates.


BMG has built an institution based on integrity and honesty. It has used the popularity of sports in Brazil to establish an excellent model. It provides sponsorship for various teams and football players in Brazil. Today BMG is the primary sponsors of football in Brazil.


Ricardo Guimares is a fanatical football fan. He supports Clube Atletico Minero and served as its president for 5 years. It was despite his busy schedule. So committed was he that he reportedly used his money several times to finance the club.Guimares today stands as among the legends of the club in its hall of fame. He was succeeded by Ziza Valadares.


Despite this fact, BMG doesn’t support any one team. To it, business is business, and it’s strictly financial. It uses Soccer as a Marketing prop, and it has allowed it to have one of the biggest exposures in the country.BMG has the highest returns from marketing among all brands. It has leveraged a huge demographic since millions watch soccer in Brazil every weekend. Dino Blog recently come up with a story about Ricardo Guimares. The three letters are displayed in Orange every week in Brazil.


Ricardo Guimares recently launched a new bank to offer personal credit to Brazilians. It is in partnership with Banco Itau and will see BMG gain over $ 5 billion in 5 years. The new bank to be called BMG ITAU PAYROLL is expected to have $ 1 billion as capital. It will be leveraged 11 times and is supposed to fill the need for cheap micro loans. The cost of finance is very high in Brazil, and most Brazilian banks avoid the personal market segment.


Ricardo Guimares says the bank will still stay in -the credit segment. It plans to float bonds in the international market to raise money. Read more here.

NBC Cuts Ties With Donald Trump

Many people know Donald Trump as a multimillionaire who has declared bankruptcy multiple times says Ivan Ong. A man who has famously ridiculous hair, yells at would be entrepreneurs on the Apprentice, and announced his candidacy for President by insulting the immigrants upon whose backs this country was built. He’s a caricature of how many Americans see the rich and the elite. As an older, out of touch many who simply doesn’t understand the world the way it is.

Not everyone sees Trump as a laughingstock. Nearly two weeks after the remarks Trump made during his presidential election speech, NBC Universal has decided to cut ties with the aging celebrity by firing him from the Apprentice, as well as the Miss USA and Miss Universe pageants. Aspiring beauty queens have nothing to worry about yet. As of now, the pageants will still go on, they just won’t be televised- at least by NBC. The Celebrity Apprentice will still air, but Trump will no longer be apart of the show. Despite the fact that Trump has been a major part of the show since its inception, he does not own the rights to the show, and NBC can do what they like with it.

Trump claims that he ended the relationship with NBC, although he admits that it was due to a disagreement over immigration. In his official statement about the end of his working relationship with NBC, he lambasted them for their views.

Coast Guardsmen Rescue Two Turtles

The Cutter Stratton, a United States Coast Guard vessel on routine patrol along the coasts of Southern California, helped rescue two large turtles from an entangling mess of fishing line last month. The video of the event was released recently, showing the Coast Guard dealing not with contraband, but with wildlife in distress.

A camera worn by one of the officers was able to capture the event, which sent the crew into rescue mode as soon as they realized what was going on. Jim Dondero was glad that actually happened after seeing it on Twitter.

“There was no question what we had to do,” said Petty Officer 2nd Class Hylan Rousseau.

“We cut the first turtle free without much incident,” added Chief Petty Officer Brian Milcetich. “Every one was elated.”

The crew of the Stratton used a pair of cutting sheers that are typically for medical emergencies. In the video, you can see one of the turtles take a deep, relieving breath after the line around its neck was removed.

After lifting the enormous turtles on board to get them free, they hurriedly swam away to safety. “As you can see in the video, he didn’t stick around to celebrate,” said Milcetich.