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| Further reading |
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| • Brazilian elections: Don’t bank on Marina • Brazil faces tough future, say economists • Brazilian public banks: Short-term gain, long-term pain? |
The sight of an opposition march down Faria Lima on October 22 will live long in the memory of those well-heeled manifestações who took part. Bankers, CEOs and CFOs joined a popular protest against the incumbent president Dilma Rousseff that made its way slowly down the avenue, which is flanked by the shiny new glass headquarters that make up Brazil’s new financial heartland.
The short elevator journey from business suite to street illustrated just how much resentment festers within the business community against the ruling PT party – as well as how much more money they thought they could make under an Aécio Neves presidency.
Then Rousseff won, albeit it closely.
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