Every dated fact from the research dossier and the reading list, in order: the Sabbá years, the sale to Daniel Vorcaro, the growth of Banco Master, its collapse on 18 Nov 2025, and everything after it, up to 3 Nov 2026. Click any event to see details and sources. Filter by topic or evidence type. Gold-ringed events (★) matter most for the thesis question.
Each event carries an evidence tag. D official act or document · J court ruling at some stage (may be appealed) · A allegation by police or prosecutors · R press report based on documents not fully public · NV not verified. An investigation, arrest or fine is not a criminal conviction. Amounts measured in different ways (fraud alleged, money frozen, provisions, final losses) cannot be added together.
Top: total assets of the Máxima/Master prudential conglomerate (code C0080367), R$ billions. Bottom: its Basel ratio, the capital buffer against losses, against the 8% legal minimum before buffers. Both come from Bacen's IF.data. The ratio fell from a reported 11.3% (Dec 2015, figures Bacen later found misreported) to near zero and below for 18 months while the bank was being sold. Click a marker to jump to that event.
Only you and people you make Editors can see these. Viewers of a shared link can't. Notes save as you type. To write a note on an event, open it.
Questions the research hasn't answered yet, beyond the facts: motives, who knew what and when, whether the regulators' responses fit the evidence, where the money went, and what would have happened otherwise. Each sits on its event with what we know so far and where to look. Gold tags mark your own questions. Grouped by type below; click one to jump to its event.