Posted on 03/18/2023 8:50:38 PM PDT by dynachrome
There have been multiple conversations between Biden’s team and Buffett in the past week, according to people familiar with the matter, who asked not to be identified because the information is private. The calls have centered around Buffett possibly investing in the US regional banking sector in some way, but the billionaire has also given advice and guidance more broadly about the current turmoil.
(Excerpt) Read more at finance.yahoo.com ...
“Big US banks voluntarily deposited $30 billion to stabilize First Republic Bank this week, a move regulators described as “most welcome.”
‘voluntarily’
Oh, fantastic!! We can all rest easy, now.
Geez….wha globalist is NOT in on this latest shamdemic??
Buffett made $3 billion on the $5 billion he invested in Goldman Sachs during the 2008 financial crisis. He bought in low, the federal government bailed out the big banks and he profited greatly.
Could his conversations with Biden officials lead to another highly profitable deal?
“Never let a crisis go to waste.”
“Could his conversations with Biden officials lead to another highly profitable deal?”
Yeah, Buffett is all about picking up high-quality assets on the cheap in a crisis. He’s also a crony capitalist who loves sweetheart government-brokered deals. I don’t have a crystal ball but I’ve got to think that First Republic bank, with a $100+ billion loan portfolio but a current market cap of around $6 billion, might look attractive to Buffett especially if the Feds sweeten the deal for him.
Whatever Biden does won’t be in the interests of our country; it’l be calculated to inflict as much harm as possible. Biden’s taking his orders from Soros, not Buffet.
This development reveals just how dismal the performance of the Fed and the Treasury Department have been.
Oh goody. They have our best interests at heart.
Buffet doesn’t do anything without getting paid.
Jimmy disowns brother.
The only banking crisis the biden crime family understands is the laundry broke down
Buffett
BANKS
BIDEN
B B B Doesn’t stand for Better Business Bureau
‘voluntarily’
Indeed it’s like having someone asking if you have family in the old country.
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