Friday, 18 May 2007

Sao Paulo Bank Heists, 10 Times New York's Rate, Spark Security Spending

(Bloomberg) -- Sao Paulo schoolgirl Priscila Aprigio
da Silva's dreams of becoming a nurse ended on Feb. 28 when she
was caught in a shootout between police and bank robbers.

Now paraplegic from a bullet wound, 13-year-old da Silva is
among the casualties of violent heists that have forced Banco
Itau Holding Financeira SA, Banco Bradesco SA and other
Brazilian banks to double spending on security over the past
three years to 6 billion reais ($3.1 billion).


Read more at Bloomberg Exclusive News

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