BONDHOLDERS....SUE THE FED
Where are all the class ations from the Bondholders against the FED.
They have all lost a fortune from all the printing.
Uncle Warren's great Oxy deal has been turned into a bad deal by the FED.
Whats 8% return when inflation is 6% and about to go to 10% ....thats a minus 2% return per annum for the next ten years, a 20% haircut a loss of $2 billion on the $10 billion invested.
Thats what happens when you dont "FED proof" your deals against inflation.
(and a great deal for the common share holders...........who would have thought that the virus would have rescued the Oxy management???)
Chevron had an great oportunity to swallow Oxy cheaply in early 2020 .....and blew it!!!!!!!!!!
Where are all the lawsuits????????