Most blackrock shares owned by vanguard. - Most vanguard shares owned by blackrock. Side note, doesn't take a genius to see what's at play. I know we all know it but, you know, the thing.
Edit: after scanning through the link below form u/balsaceyes, this statement is not correct, at least at the time the link was created. It's confusing who "owns" what, it's kinda like it's all the same engine, each piece has it's function to keep the whole thing running.
What happens to a guy who has debt with BoA and it goes belly up?
Asking for a friend.
My recommendation to my friend, by the way is... "You were a good debt servicer even after the 2008 bailouts that gave the banks a second chance... but shame on you if you take the same path. Tell them to write off your debt and walk away from it. Declare bankruptcy along with the millions and millions of other people."
Anyone got a better answer? And, no need to comment about not taking on debt... sometimes life throws curveballs that require it.
So, he sold 25M shares. I wonder who is buying these shares? Whomever it is they will be left holding the bag when the economy goes tits up. But I bet the guys will get a bailout from the federal govenment anyways.
They are getting out of most everything, they know the collapse is Here
Big reset incoming....I think BOA is the largest holder of BlackRock,Vanguard stock...
Not the largest holder but they're up there.
Most blackrock shares owned by vanguard. - Most vanguard shares owned by blackrock. Side note, doesn't take a genius to see what's at play. I know we all know it but, you know, the thing.
https://www.fool.com/investing/how-to-invest/stocks/who-owns-blackrock/
https://finance.yahoo.com/quote/AVD/holders/
https://hedgefollow.com/funds/Bank+Of+America+Corp+De
Edit: after scanning through the link below form u/balsaceyes, this statement is not correct, at least at the time the link was created. It's confusing who "owns" what, it's kinda like it's all the same engine, each piece has it's function to keep the whole thing running.
A user here has done extensive research into who owns whom and it’s all circular as you note - https://welcometothemachine.co
Spez - credit to u/Slyver for this body of work. We have the best frogs.
Wow lots of info. Thanks for the link fren.
Red October!
Plus half his stake in apple holdings. He’s sitting on a pile of cash to buy back in during market crash
What happens to a guy who has debt with BoA and it goes belly up?
Asking for a friend.
My recommendation to my friend, by the way is... "You were a good debt servicer even after the 2008 bailouts that gave the banks a second chance... but shame on you if you take the same path. Tell them to write off your debt and walk away from it. Declare bankruptcy along with the millions and millions of other people."
Anyone got a better answer? And, no need to comment about not taking on debt... sometimes life throws curveballs that require it.
The debt gets bought up by another bank.
True... typically... but if bankruptcy has been declared, that new bank gets nothing.
So, he sold 25M shares. I wonder who is buying these shares? Whomever it is they will be left holding the bag when the economy goes tits up. But I bet the guys will get a bailout from the federal govenment anyways.
Buffet has been selling since spring.
You and Me through our retirement funds by way of the slime sucking middlemen brokers.
I'd like to know myself.
Do all these people who got eaten up by greed and who sold out America think that they will be able to buy back lower and carry on with the disaster.
They all have more than they could possibly spend and some consider themselves good people. My son used to idolize this guy.
Yes they are, they also own Merrill Lynch. They just partnered back up with Ripple.
twstalker - https://twstalker.com/wallstengine/status/1828705278197436829 (don't click if you don't have a good ad blocker)
I assume you meant to post this link. https://twstalker.com/wallstengine/status/1828705278197436829
Thank you, fixed it.
Bye bye boa