[yyggvbb]

Well my money in lent to banks that lend to each other, so this could just as easily apply to anyone. Nobody really controls the T bill market.

[belter]

> Nobody really controls the T bill market.

"Lawsuit accuses 22 banks of manipulating US Treasury auctions" (2015) - https://www.cnbc.com/2015/07/24/lawsuit-accuses-22-banks-of-...

"JPMorgan probed over market manipulation of Treasury securities" (2020) - https://www.fnlondon.com/articles/jpmorgan-probed-over-marke...

[ddtaylor]

Anyone can file a lawsuit for anything:

* Casey v. Citibank (2010):

    In this case, a customer named Paul Casey filed a
    lawsuit against Citibank claiming that the bank owed
    him the money for the bailout it received during the
    financial crisis. Casey argued that because he was
    a taxpayer, he was entitled to a share of the funds
    Citibank received from the government. The court
    dismissed the case, stating that taxpayers do not
    have a direct claim to bailout funds allocated to
    private companies.

 * Bernstein v. JPMorgan Chase (2012):

    Richard Bernstein filed a lawsuit against JPMorgan
    Chase, alleging that the bank had "caused" the stock
    market crash of 2008 and subsequently the loss of
    his investments. He claimed that JPMorgan's actions
    led to a decrease in the value of his retirement
    accounts. The court dismissed the case, ruling that
    Bernstein's claims were speculative and lacked
    concrete evidence of causation and direct harm.

* Liversidge v. Goldman Sachs (2013):

    Alan Liversidge sued Goldman Sachs for what he called
    "psychological damages" stemming from the bank's
    involvement in the financial crisis. Liversidge
    claimed that the bank's actions had caused him
    emotional distress and anxiety, leading to various
    health problems. The court found the claims to be
    without merit, as there was no legal basis for
    recovering damages for generalized emotional distress
    caused by market fluctuations.

[jc6]

Its a J P Morgan report. They are just nudging Buffet to spend that cash pile on something instead of sitting on it.