Buffet's Berkshire Hathaway took a $377 million charge due to a bankrupt SOLAR company, DC Solar, who the SEC had accused of running a ponzi scheme.
#ButNothingsHappening
Headline from Dec 20, 2018 on DC Solar:
"𝗛𝗼𝘄 𝗗𝗖 𝗦𝗼𝗹𝗮𝗿 𝗕𝗲𝗰𝗮𝗺𝗲 𝗮 𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗘𝗻𝗲𝗿𝗴𝘆 𝗣𝗼𝘄𝗲𝗿𝗵𝗼𝘂𝘀𝗲 (𝗮𝗻𝗱 𝗮 𝗠𝗮𝗷𝗼𝗿 𝗣𝗹𝗮𝘆𝗲𝗿 𝗶𝗻 𝗡𝗮𝘀𝗰𝗮𝗿)"
inc.com/jeff-haden/how…