Mark Jr. Posted June 22, 2017 Share Posted June 22, 2017 Home Capital Reaches Agreement with Berkshire Hathaway for Investment of up to C$400 Million in Common Equity and Provision of New C$2 Billion Credit Facility http://www.newswire.ca/news-releases/home-capital-reaches-agreement-with-berkshire-hathaway-for-investment-of-up-to-c400-million-in-common-equity-and-provision-of-new-c2-billion-credit-facility-630038203.html The Home Capital thread is over here: http://www.cornerofberkshireandfairfax.ca/forum/investment-ideas/hcg-to-home-capital-group/ Link to comment Share on other sites More sharing options...
CanadianMunger Posted June 23, 2017 Share Posted June 23, 2017 This deal is peanuts for Berkshire. He's just getting Berkshire's name out there for when one of the big 5 banks need capital. Savvy, even in his old age :) -CM Link to comment Share on other sites More sharing options...
Mephistopheles Posted June 23, 2017 Share Posted June 23, 2017 This deal is peanuts for Berkshire. He's just getting Berkshire's name out there for when one of the big 5 banks need capital. Savvy, even in his old age :) -CM Maybe he's testing a new strategy: is Berkshire's name powerful enough to draw in deposits? If so, this could be an incredible new business opportunity for BRK lol Link to comment Share on other sites More sharing options...
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