Wall Street was stumped by the Fed - the central bank removed prior language that said “some additional policy firming” may be warranted.
Buffett made his name by being greedy when others were fearful and fearful when others were greedy, dispensing folksy wisdom along the way.
Banks cite regulatory hurdles in canceling $13.4 billion deal.
Hedge fund founder Bill Ackman called for “systemwide deposit guarantee regime” in the U.S. ‘At this rate, no regional bank can survive bad news’.