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A comment on Charlie Munger: ‘The Phone Is Not Ringing Off the Hook’. Parent comment

Re:Charlie Munger: ‘The Phone Is Not Ringing Off the Hook’ by toomuchtodo on Friday April 17, 2020 @02:20PM (#22901487)
It was the right decision at the time. It's unlikely anyone could've predicted the Federal Reserve and the Treasury Dept would've stepped in with unlimited support before the recent self-imposed economic collapse.
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Re:Charlie Munger: ‘The Phone Is Not Ringing Off the Hook’ by pmiller2 on Friday April 17, 2020 @02:26PM (#22901538)
They announced their intention to offer bonds in late March, well after it was generally known that the government intended to step in.
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Re:Charlie Munger: ‘The Phone Is Not Ringing Off the Hook’ by toomuchtodo on Friday April 17, 2020 @02:30PM (#22901573)
I don't believe it was until early April when the full force of support was evident.

https://news.ycombinator.com/item?id=22822869

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Re:Charlie Munger: ‘The Phone Is Not Ringing Off the Hook’ by whatok on Friday April 17, 2020 @03:09PM (#22901957)
The recent Fed announcements mostly served to reopen the high yield primary market and the investment grade markets were wide open well before that; especially for a strong issuer like BRK.
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