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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (149674)9/23/2008 8:38:42 PM
From: bentwayRespond to of 306849
 
I think Buffet's made the calculation that the bald man will get his money from congress and give a good chunk of it to GS. AIG looked like a loser, but it's WAY up.



To: Jim McMannis who wrote (149674)9/23/2008 8:40:34 PM
From: Peter VRead Replies (1) | Respond to of 306849
 
Buffett has a very long time frame for his investments though. He sees something in GS that he likes, and he's not worried that he'll live to see it to fruition. And he has an interest in avoiding a wholesale market meltdown.

Now I haven't dug into the details of what he got in return for his money, but you know it's a better deal than you or I could get.



To: Jim McMannis who wrote (149674)9/23/2008 8:46:04 PM
From: Bank Holding CompanyRespond to of 306849
 
i say good for buffett. fundamentally changes nothing. "the fix is in."



To: Jim McMannis who wrote (149674)9/23/2008 9:30:21 PM
From: NOWRead Replies (1) | Respond to of 306849
 
he would i f he thought it would allow him some time to change his portfolio