Friday / Weekend Open Line

Batten down the hatches, Vance County could see 40mph winds this weekend, and rain at around 1-2 inches.  For tips on how to prepare for a hurricane, here’s a fairly good article. Click here for an updated look at the storm track.

As of this writing, according to the United Pullers of the Carolina’s website,  the Friday night tractor pull at the Vance County Fairgrounds are still on.  There is not a mention of Saturdays though as of yet.

In financial news, Warren Buffet’s Berkshire has bought $5billion worth of Bank of America preferred stock on Thursday.  Mr Buffett, who made $4.5bn in profit from a similar move investing in Goldman Sachs at the height of the financial crisis, said he was impressed by Bank of America’s “profit-generating” capabilities. He added he had contacted the bank’s beleaguered chief executive Brian Moynihan on Wednesday morning proposing the deal, saying: “Bank of America is a strong, well-led company Brian… I wanted to invest in it.” The shares closed up 11pc on Wednesday. More details on the deal can be found here.  Word is he already made a virtual $280million profit in under 24 hours.

Welcome to the Friday / Weekend Open Lines!