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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (150208)9/25/2008 5:59:45 PM
From: inchingupRead Replies (2) of 306849
 
"Goldman Sachs to spend Warren Buffett billions on distressed assets

The investment bank, which raised $5bn from Mr Buffett's Berkshire Hathaway plus a further $5bn from institutional investors, will use the money to buy assets either from the US government's planned $700bn bail-out fund or from banks directly."

I think I outlined that scenario a few days ago in this post:

Message 24984433
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