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Berkshire Hathaway Part II
Acquired
The C O Is Sending Letters to the General Council Without Notifying the Board
Solomon Brothers is the second biggest bank on wall street at this point in time. They have a hundred and 51 five zero billion of capital, like in the markets, o but they only have four billion dollars of equity. So if there's a problem, its can be stantanous and the firm is dead. Laki: The federal reserve sends a letter to goodfriend and solomon saying that it is deeply troubled by both the firm's actions and lack of actions.
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