Hmmmmm. One of these tips which Twitter coughs up in the timeline which we’ll have to check on going forward. I wonder if Warren and Charlie would backstop certain good regional banks that went too heavy into long-term Treasuries?
$BRK/B: Private Jets from Regional Bankers Seen In Omaha: $PACW $WAL $FRC $KEY $FITB & More
He is no fool who gives what he cannot keep to gain what he cannot lose.
WILMINGTON, Delaware, March 18 (Reuters) - Berkshire Hathaway Inc’s (BRKa.N) Warren Buffett has held discussions with senior Biden adminstration officials about the banking crisis, a source familiar with the matter told Reuters on Saturday.
The White House and U.S. Treasury declined to comment. Bloomberg News reported earlier that Buffett had been in touch with administration officials in recent days about the regional banking crisis, Bloomberg News reported on Saturday.