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Billionaire investor Buffett offloads Bank of America shares worth $982 million in latest sale
Aug 28th, 06:52:16
(Reuters) - Billionaire Warren Buffett's Berkshire Hathaway has sold some more shares of Bank of America over the past few days, raking in $981.9 million, as the conglomerate continues to trim down its stake in the second-largest U.S. lender.
Berkshire has now shed about $5.4 billion worth of Bank of America shares in a string of sales since mid-July.
The conglomerate sold about 24.7 million shares of the lender between Aug. 23 and Aug. 27, according to a regulatory filing on Tuesday.
https://app.piqsuite.com/reuters/billionaire-investor-buffett-offloads-bank-of-america-shares-worth-982-million-in-latest-sale
Lloyd Blankfein, your spotlight awaits your arrival.
Swiss court convicts executives accused over 1MDB scandal
Aug 28th, 07:36:47
By John Revill
BELLINZONA, Switzerland (Reuters) - The Swiss Federal Criminal Court on Wednesday convicted two executives at an oil exploration company accused of embezzling over $1.8 billion from Malaysia's state investment fund 1MDB.
The verdict was the latest episode in the 1MDB scandal, a complex tale of international corruption that has buffeted a slew of financial institutions and individuals across the globe since allegations of wrongdoing first surfaced in 2015.
Prosecutors alleged that Swiss-British national Patrick Mahony and Swiss-Saudi Tarek Obaid, helped to set up a joint venture with 1MDB by creating the impression that their company, PetroSaudi, was backed by the Saudi government.
This was not, in fact, the case, but the accused managed to persuade 1MDB's board into signing up to the scheme in 2009 before going on to defraud the fund, prosecutors said.
https://app.piqsuite.com/reuters/swiss-court-convicts-executives-accused-over-1mdb-scandal
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Ummm, jet?
The Telegraph
@Telegraph
๐ธ Plane crashes into busy road โ and passengers make miracle escape
Shocked pilot and passenger sit in cockpit after the jet landed on A419 in Gloucestershire
Find out more โฌ๏ธ
https://telegraph.co.uk/news/2024/08/28/plane-crash-road-gloucestershire/
https://twitter.com/Telegraph/status/1828780095659544871
Oooh, time to play "Spot The Marxist!"
๐บ๐ธ Pamela Geller ๐บ๐ธ ๐ฎ๐ฑ
@PamelaGeller
REPORT: Sinwar Has Surrounded Himself with 22 Handcuffed Hostages
Dressing as a woman, living like a cornered ratโฆโฆhiding behind women and babies.
https://twitter.com/PamelaGeller/status/1828793978101153923
And cheap ass paper. Low rag count.
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Cuban Skooled Chirrun.