94 Roughly every 3 years, @BlackRock is required by law to apply for "blanket authorization" from the Federal Energy Regulatory Commission (FERC) to acquire and hold over $10 million (and/or 10% ownership) in voting shares of multiple public utilities. Houston they have a problem (twitter.com) posted 4 days ago by seernewday 4 days ago by seernewday +94 / -0 7 comments share 7 comments share save hide report block hide replies
He is sitting on his largest pile of cash ever, last time he did that was 08, everything tanked and he bought back in at the bottom. He thinks it will be worse than 08 this time. Buckle up