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Vale's Management Team Is on Thin Ice After Deadly Dam Break

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Vale's Management Team Is on Thin Ice After Deadly Dam BreakIt is the second deadly mining disaster involving Vale in only about three years and the company has come under intense scrutiny since images of death and destruction began flooding the airwaves on Friday. While Vale has taken steps in recent years to shield itself from state intervention, the government is still indirectly the company’s largest shareholder through a Banco do Brasil pension fund, known as Previ.