90 seconds at 9 am : Buffett bets on bank (news with Bernard Hickey)

Описание

Dow down 1.5%
US jobless claims rose
Sharp fall in
German stocks
Short selling ban
Extended in France, Italy
Spain, but not Germany yet
DAX down 1.7%
Was down 4% intraday
Warren Buffett to buy
US$5 bln of BoA shares
Stock halved thid yr
Rose 9.6%, was up 26%
Apple shares down 2%
Were down 6% overnight
After the resignation
Of Steve Jobs
Widely expected
Tim Cook in charge since Jan
All eyes on Bernanke
2am NZ time Saturday
Will he or won't he
QE III or not