Oh you can bet it was planned with Paulson, Bernanke, etc. I'd say they already knew about it while they were testifying. The whole thing's rigged. You knew that, right?
This happened because unlike most of the lowlife I see posting, there are still patriots. Pray they dont all die off with the Buffets.
This is not the bottom for financials????? Haha Come on, this is just to buy some time and try to forget about the $700 billion bailout plan. Remember to sell the rallies. Markets are going LOWER.
It seems like a gift to me. I would take those warrants. Priced at 115 and exercisable anytime within 5 years. Rich people get all the great deals.
Although Buffet did not BUY common stock, he wanted to get some bang while there was no shorting. This will help the market, but wake me up when shorting comes back, because I am shorting strength in some stock. It will not be Goldman, because I do not and have never traded stocks priced with 3 digits.
Smart guy. Cutthroat. Must have figured how to take it with him. He's already in GS. Wait. Apply to be a bank. Now, he's got a huge piece of the best franchise out there with a window to the Fed. But he won't speak up to help a friend. Nice guy.