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More proof of stupid biased media, and crony capitalism.
Posted on: February 24, 2017 at 11:11:52 CT
RHAYWORTH MU
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https://www.msn.com/en-us/money/markets/buffetts-dollar5-billion-b-of-a-bonanza-thank-you-president-trump/ar-AAnk7GV
This article fails on so many levels. Namely, trump had zip, nada to do with the sweetheart deal Buffett got from BOA.
Obama arranged it, because he didn't want to bail them out.
After a phone call, warren arranged an incredibly sweet deal, getting 300 Mill a year, for purchasing stock, plus the right to buy more at a huge discount.
I almost bought BOA then, knowing the fix was in, and it would do nothing but rise. Just couldn't bring myself to do it.
Trump's stock market increase drove the price up, but the source of the deal was all Obama.
Who wasn't mentioned once.
http://www.zerohedge.com/news/bank-berkshire-america-buffett-buy-5-billion-preferred-stock-bank-america
Bet warren donates a big, big chunk to O's library.
Edited by RHAYWORTH at 11:12:53 on 02/24/17
This article fails on so many levels. Namely, trump had zip, nada to do with the sweetheart deal Buffett got from BOA.
Obama arranged it, because he didn't want to bail them out.
After a phone call, warren arranged an incredibly sweet deal, getting 300 Mill a year, for purchasing stock, plus the right to buy more at a huge discount.
I almost bought BOA then, knowing the fix was in, and it would do nothing but rise. Just couldn't bring myself to do it.
Trump's stock market increase drove the price up, but the source of the deal was all Obama.
Who wasn't mentioned once.
http://www.zerohedge.com/news/bank-berkshire-america-buffett-buy-5-billion-preferred-stock-bank-america
Bet warren donates a big, big chunk to O's library.
Edited by RHAYWORTH at 11:12:53 on 02/24/17
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More proof of stupid biased media, and crony capitalism. - RHAYWORTH MU - 2/24 11:11:52