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The company did not disclose how big the buyback would be, but said the repurchases would not be made if they reduced Berkshire's cash holdings below $20 billion.
Given the nervousness about banks, many savers will want to keep their holdings below the ceiling for deposit insurance (in America, $100,000 per saver per bank).
So they will sell as prices rise to keep their holdings below that limit, which tends to stabilise prices.Sceptics point to the behaviour of copper prices in the latter part of last year.
This has pushed the fund's holdings below a trigger point that requires the FDIC to craft a "restoration" plan within 90 days.Ms Bair has indicated that banks with risky profiles which already pay up to ten times more than the typical five cents per $100 insured will be asked to "step up to the plate" with even higher premiums.
We are placing a big bet on outsourcing as demonstrated by a few of my holdings below.
The claims set out in the application are purely fact-specific, dependent on contested interpretations of state law, insulated from our review by alternative holdings below, or some combination of the three".
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The fund charges shareholders with balances of less than $10,000 an annual maintenance fee of $10; it deducts an additional $10 a year if the balance in a regular account falls below $2,500 and total Vanguard holdings are below $50,000.
(Valero is one of the top guru energy holdings. See below for a list of the nine that make the top 1% of guru portfolios).
Holdings rated below AA have fallen to about 13percentt of the portfolio from 25percentt last June and could keep dropping.
Yet she characterized her family's holdings as "below the 50percentt" line at Dalton and "definitely toward the bottom".
And if the family's holdings fall below 33.7 million shares then all special voting privileges are lost.
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CEO of Professional Science Editing for Scientists @ prosciediting.com