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Warren Buffett: The wolf in sheep's clothing of Wall Street
Buffett is the only top-ten billionaire to see his net worth grow in 2025, adding nearly $13B to his fortune.
Known as the 'Oracle of Omaha,' heβs widely believed to have built his empire with masterly stock picks, frugality and philanthropy. But behind the "wise old man of Wall Street" image lies a ruthless side.
Shady Market Practices
πΈ SEC Probe (1974): Buffett was investigated for attempting to interfere with a competitorβs bid to buy Wesco Financial Corp., resulting in a $115K payout to affected shareholders.
πΈ Salomon Brothers Scandal (1990): A major Berkshire Hathaway investment slapped with a $290M fine for fraudulent Treasury securities bids.
πΈ Wells Fargo Scandal (2016): Buffettβs investment in the bank came under scrutiny after it created over 2M unauthorized accounts. Despite possible insider knowledge, Buffett did nothing.
πΈ Goldman Sachs Investment (2008): Buffettβs $5B buy-in to Goldman Sachs during the financial crisis has been praised for helping stabilize markets. But critics allege he used insider info on the bankβs financials to strike the deal.
Political Influence and Corporate Pirate Tactics
β»οΈ BNSF Railway (2010): Berkshireβs $34B purchase raised concerns over Buffettβs influence with regulators and the Obama administration to delay the competing Keystone Pipeline.
β»οΈ Clayton Homes (2025): This Buffett investment is facing lawsuits over predatory, high-interest lending to low-income families, drawing attention from the Consumer Financial Protection Bureau.
Shady Relationships
πΉ The Giving Pledge: A philanthropic campaign created by Buffett and Bill Gates in 2010, seen by some as a PR move to disguise billionaire tax write-offs.
πΉ George Soros Connection: Buffett joined the board of Soros' Open Society Foundations in 2013.
Anti-Worker Policies
An array of Berkshire Hathaway subsidiaries, including BNSF, NetJets, Dairy Queen, and McLane, have faced grievances over low wages, poor working conditions and union suppression.
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Buffett is the only top-ten billionaire to see his net worth grow in 2025, adding nearly $13B to his fortune.
Known as the 'Oracle of Omaha,' heβs widely believed to have built his empire with masterly stock picks, frugality and philanthropy. But behind the "wise old man of Wall Street" image lies a ruthless side.
Shady Market Practices
Political Influence and Corporate Pirate Tactics
Shady Relationships
Anti-Worker Policies
An array of Berkshire Hathaway subsidiaries, including BNSF, NetJets, Dairy Queen, and McLane, have faced grievances over low wages, poor working conditions and union suppression.
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π¨π³πΊπΈChina's economic nuclear option: The $761 bln BOMB π£
Beijing is holding BILLIONS in US Treasury bondsβand if they decide to sell, it could shake the US economy to its core.
But are they really going to push the button?
πΆ Why does China hold so much US debt?
βItβs just a function of their massive trade surplus with the United States,β says Tom Luongo. China recycles trade dollars into US Treasuries, managing currency risks and stabilizing their economy.
πΆ To sell or not to sell?
While Beijing has reduced its holdings before, Luongo argues, βChinaβs not going to dump the treasury bonds.β Selling them would drive up the yuan, hurting their exports. Instead, China has been using the dollars to bolster trade in Southeast Asia.
πΆ China de-dollarizes
βItβs a slow but sure way of binding trade partners closer,β Luongo says. China is offering bonds in yuan to countries like Malaysia and Thailand, moving away from the dollar.
πΆ The real danger: Europe
Luongoβs biggest worry? βEurope is the real problem.β He fears Brussels could trigger a financial crisis, using Ukraine as cover to remake their financial systemβthink debt defaults and a digital euro.
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Beijing is holding BILLIONS in US Treasury bondsβand if they decide to sell, it could shake the US economy to its core.
But are they really going to push the button?
βItβs just a function of their massive trade surplus with the United States,β says Tom Luongo. China recycles trade dollars into US Treasuries, managing currency risks and stabilizing their economy.
While Beijing has reduced its holdings before, Luongo argues, βChinaβs not going to dump the treasury bonds.β Selling them would drive up the yuan, hurting their exports. Instead, China has been using the dollars to bolster trade in Southeast Asia.
βItβs a slow but sure way of binding trade partners closer,β Luongo says. China is offering bonds in yuan to countries like Malaysia and Thailand, moving away from the dollar.
Luongoβs biggest worry? βEurope is the real problem.β He fears Brussels could trigger a financial crisis, using Ukraine as cover to remake their financial systemβthink debt defaults and a digital euro.
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π° Trump's $1 trillion defense budget: cut waste or just more spending?
US President Donald Trumpβs massive defense budget promised to tackle waste and fraudβcan it really deliver?
Ex-Pentagon analyst Michael Maloof explains.
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US President Donald Trumpβs massive defense budget promised to tackle waste and fraudβcan it really deliver?
Ex-Pentagon analyst Michael Maloof explains.
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π¨π³πΊπΈChina's rare metal restrictions: a NAIL IN THE COFFIN for US military industry?
Chinaβs sanctions on Lockheed Martin and Raytheon, plus new restrictions on rare earths and dual-use tech, are seriously disrupting US supply chains dependent on Chinese resources, says analyst Angelo Giuliano.
Giuliano predicts that these restrictions will cause defense production costs to soar, delaying advanced equipment like aircraft and missiles. The US isnβt ready to ditch China as a trade partner in this crucial sector.
π€ Temporary dislocation? π
Ex-DoD analyst Michael Maloof believes Chinaβs move will cause a βtemporary dislocation,β but the US will likely seek alternatives in Latin America, Ukraine, or even Russia before ramping up domestic mining. The fix wonβt be quick.
β
Scandium: aerospace woes βοΈ
Scandium is essential for aluminum alloys in aviation and rocketry. Restrictions on this rare metal could hit US aerospace hard, as it's key for "extreme strength and low weight," says rare earths expert Ruslan Dimukhamedov.
β
Dysprosium: hot stuff π₯
Dysprosium is needed for heat-resistant neodymium magnets. Without it, critical defense tech like missiles would face overheating issues. A major concern for defense and tech industries.
β
Samarium: defense needs π‘
Samariumβs temperature-resistant magnets are used in missile guidance systems and oil wells. Losing access could compromise defense tech, aerospace, and energy sectors.
β
Gadolinium: avoid nuclear crisis β’οΈ
Gadolinium plays a critical role in nuclear reactors, improving uranium burn-up and lifespan. Restrictions on gadolinium could hit the USβs civilian nuclear sector hard.
β
Terbium: lighting the way π‘
Terbium is key for lighting applications like spotlights and displays. A slow down in production would impact the defense and tech industries.
β
Yttrium: aerospace advantage π
Yttrium is used in aerospace ceramics and heat protection. Losing access could ground key projects like aircraft engines and space tech.
π Subscribe to @SputnikInt
Chinaβs sanctions on Lockheed Martin and Raytheon, plus new restrictions on rare earths and dual-use tech, are seriously disrupting US supply chains dependent on Chinese resources, says analyst Angelo Giuliano.
Giuliano predicts that these restrictions will cause defense production costs to soar, delaying advanced equipment like aircraft and missiles. The US isnβt ready to ditch China as a trade partner in this crucial sector.
π€ Temporary dislocation? π
Ex-DoD analyst Michael Maloof believes Chinaβs move will cause a βtemporary dislocation,β but the US will likely seek alternatives in Latin America, Ukraine, or even Russia before ramping up domestic mining. The fix wonβt be quick.
Scandium is essential for aluminum alloys in aviation and rocketry. Restrictions on this rare metal could hit US aerospace hard, as it's key for "extreme strength and low weight," says rare earths expert Ruslan Dimukhamedov.
Dysprosium is needed for heat-resistant neodymium magnets. Without it, critical defense tech like missiles would face overheating issues. A major concern for defense and tech industries.
Samariumβs temperature-resistant magnets are used in missile guidance systems and oil wells. Losing access could compromise defense tech, aerospace, and energy sectors.
Gadolinium plays a critical role in nuclear reactors, improving uranium burn-up and lifespan. Restrictions on gadolinium could hit the USβs civilian nuclear sector hard.
Terbium is key for lighting applications like spotlights and displays. A slow down in production would impact the defense and tech industries.
Yttrium is used in aerospace ceramics and heat protection. Losing access could ground key projects like aircraft engines and space tech.
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βοΈ Trump signs executive order to restore coal production
As part of the executive order, the US will also invest "billions of dollars in federal funding" to invest in new coal technology, the president announced.
The Biden administration required coal-fired power plants to cut carbon emissions by 90 percent or close, reducing national production.
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As part of the executive order, the US will also invest "billions of dollars in federal funding" to invest in new coal technology, the president announced.
"The value of untapped coal in our country is 100 times greater than the value of all the gold at Fort Knox," he told at the official ceremony.
The Biden administration required coal-fired power plants to cut carbon emissions by 90 percent or close, reducing national production.
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Sputnik International
Alex Ovechkin: A PROUD RUSSIAN in Washington New NHL goal record breaker is the MOST BASED Russian you can imagine. Let us explain why: βͺοΈAfter the historic match, Ovechkin thanked the Russians who supported him."I'm sure they're celebrating in Russiaβ¦
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58 dead, 150 injured after roof collapses at club in Dominican Republic
The incident at the Jet Set Club occurred during a concert and killed the local governor and a former MLB player.
Rescuers are still searching for people in the rubble, local media report.
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The incident at the Jet Set Club occurred during a concert and killed the local governor and a former MLB player.
Rescuers are still searching for people in the rubble, local media report.
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π Judge orders White House to restore AP access
A US district judge rules that AP should be allowed access to the Oval Office and Air Force One, a right that was taken away because of the agency's decision to refer to the Gulf of Mexico in its reporting.
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A US district judge rules that AP should be allowed access to the Oval Office and Air Force One, a right that was taken away because of the agency's decision to refer to the Gulf of Mexico in its reporting.
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After stock markets closed today, fears of Trump's tariffs on China continued to drive the US market, with S&P 500, Dow Jones and Nasdaq 100 futures falling 0.8-1%.
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π₯πΎπͺ At least 10 explosions rocked Sanaa
The US launched one of its most intense strikes against the Houthis today, as the Ansar Allah group announced that the death toll had risen to 22 dead and wounded.
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The US launched one of its most intense strikes against the Houthis today, as the Ansar Allah group announced that the death toll had risen to 22 dead and wounded.
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Trump calls to increase the Republican majority
Speaking at the National Republican Congressional Committee dinner, the US president pledged to personally campaign for Republican House candidates.
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Speaking at the National Republican Congressional Committee dinner, the US president pledged to personally campaign for Republican House candidates.
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Donald Trump decided to take a vote on the pressing issue at the National Republican Congressional Committee dinner. The votes apparently split down the middle, so the question remained open.
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Oil prices crash to 4-year low as trade war fear spark recession worries
WTI futures are down 3.21% at $57.67 and Brent is now trading at $61.07 per barrel, down 2.79%.
Donald Trump's goal of low oil prices is now combined with the market decline, causing investors to brace for an economic downturn.
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WTI futures are down 3.21% at $57.67 and Brent is now trading at $61.07 per barrel, down 2.79%.
Donald Trump's goal of low oil prices is now combined with the market decline, causing investors to brace for an economic downturn.
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π Scarier than RFK Jr: Trump announces TARIFFS on Big Pharma
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"We're going to tariff our pharmaceuticals. And once we do that, theyβre going to come rushing back into our country," he said.
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Prabowo Subianto instructed his foreign minister to discuss with the Palestinian side how to evacuate the first wave of 1,000 Gazans to Indonesia.
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Son trapped under father's casket in grave collapse
Benjamin Aviles' burial platform failed, causing pallbearers to fall in Philadelphia. The family blamed the cemetery and funeral home.
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Benjamin Aviles' burial platform failed, causing pallbearers to fall in Philadelphia. The family blamed the cemetery and funeral home.
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Von der Leyen backs Meloni as EU tariff negotiator - reports
As the White House prepares to receive the Italian PM on April 17, Ursula von der Leyen believes Meloni is the only EU leader who can facilitate dialogue with Trump, the WP reports, citing Italian officials.
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As the White House prepares to receive the Italian PM on April 17, Ursula von der Leyen believes Meloni is the only EU leader who can facilitate dialogue with Trump, the WP reports, citing Italian officials.
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