As we previewed exactly 24 hours ago, Buffett’s Berkshire Hathaway said it will exercise warrants to swap its preferred Bank of America shares for 700 million shares of BAC common stock, making Buffett the largest shareholder, surpassing BlackRock, Vanguard and State Street . Buffett is also the top shareholder at Wells Fargo.
Content originally published at iBankCoin.com
Project Veritas founder James O'Keefe has just capped off a week of destroying CNN's last shred of credibility with a Friday morning release of another undercover encounter with an employee of the beleagured network. Jimmy Carr, a hate-filled Associate Producer, said that virtually everyone he knows at the network - surprise - absolutely hates President Trump.
S&P futures rebounded shortly after the stronger than expected European CPI print, rising 0.3% to 2,426, as markets try to forget all about yesterday's brief 50% VIX surge and tech rout, which trimmed the seventh consecutive quarterly gain for the S&P 500 Index to 2.4%. Europe shares rose 0.4%, led by tech stocks, after a drop in Asian markets, as oil and the dollar gained.
Authored by Raul Ilargi Meijer via The Automatic Earth blog,
The best comment on the June 13 Jeff Sessions Senate testimony, and I’m sorry I forgot who made it, was that it looked like an episode of Seinfeld. A show about nothing. Still, an awful lot of voices tried to make it look like it was something life- and game-changing. It was not. Not anymore than Comey’s testimony was, at least not in the sense that those eager to have these testimonies take place would have liked it to be.
Authored by Aaron David Miler and Richard Sokolsky via The Strategic Culture Foundation,
Pursuing an ambitious mission against all three adversaries in Syria is dangerous, imprudent and unnecessary