The Oracle of Omaha wouldn’t stoop to a borderline-legal financing technique associated with penny-stock financiers.
Yet, while it was never his intention, Berkshire Hathaway might wind up with a chunk of discounted shares in Occidental Petroleum in a pattern similar to so-called death-spiral financing. The technique involves a company that is unable to raise public equity directly and instead issues debt privately to an outside source; the debt becomes convertible into stock for a fixed dollar amount rather than a fixed number...
What does Carl_C_Icahn say?
I feel so sorry for OXY !!! Not.
mr_skilling Nice folksy kicker
The oracle at it again
Has Warren Buffet made any COVID-19 related donations? A single one?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: