The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (149625)	9/23/2008 7:43:32 PM
From: XoFruitCake	Read Replies (1) of 306849

"he's also on record in favor of the ws bailout.... the fix is in, folks" don't bet on it.. You have to look under the hood.. The term is 10% but there is 5B worth of stock warrant that he will receive as part of the injection. GS earning will be diluted by roughly 12% from here on out to account for the warrants. The 5 years warrant is worth quite a bit of money and most likely WB can double his money in 2-3 years. And his money is only making Treasury before this deal. this king of return in the loan shark territory. It is not quite as good as Paulson stripping of AIG but GS is not as desperate either. It is good to see GS get taken apart by another loan shark...

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