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Reversal of fortune for Brazil's flamboya

Reversal of fortune for Brazil's flamboyant tycoon
Associated Press

FILE - In this April 7, 2009 file photo, Brazilian billionaire Eike Batista attends a ceremony in which Batista donated about $4.5 U.S. million dollars for the the Rio 2016 Olympic games bid, in Rio de Janeiro, Brazil. The oil company of Brazil's one-time richest man Eike Batista has filed for bankruptcy protection on Oct. 30, 2013. (AP Photo/Ricardo Moraes, File)

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