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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: butschi2 who wrote (149762)9/24/2008 8:08:30 AM
From: Think4YourselfRead Replies (1) of 306849
 
I think you hit the GS issue exactly. GS must delever now that they are a bank. Their assets may be excellent but if they do it now they will take a big hit due to lack of liquidity and trust in the markets. Buffet's terms may seem onerous but may in fact be much better than selling good assets at a severe loss.

Buffet probably knew this, and that is why he is making the investment.
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