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Goldman Says "Trust Us"

Do you really think Buffett believes that his $8B can have a significant impact on a market "on the brink of a systemic collapse"? Really?

BRK is better equipped to handle a significant downturn than perhaps any other company you can name. These investments were made because they were fantastic opportunities. Period.

As for GS and GE, they chose the cover of a BRK investment because of the very real possibility of a more expensive or a failed secondary offering. Could Goldman without Buffett have raised $7.5B at $110 rather than $2.5B at $125? Could GE without Buffett have raised $15B at $21 rather than $12B at $22.5? I don't know the answers.
Oct 02 14:18 pm |Rating: 0 0 |Link to Comment |View article
Goldman Says "Trust Us"

Does anybody believe that Warren Buffett wrote a $5,000,000,000 check without seeing under the GS kimono?
Oct 02 10:17 am |Rating: 0 0 |Link to Comment |View article
History Suggests the Financial Bottom May Be Near

"Reminds me of the character in Animal House who is yelling during the parade "everything is fine - everyone remain calm" while the riot ensues."

That would be Kevin Bacon.
Sep 16 12:18 pm |Rating: 0 0 |Link to Comment |View article
Financials Buying Opportunity Close at Hand

Voodoo.
Jun 24 10:24 am |Rating: 0 0 |Link to Comment |View article

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Jim Cramer's Picks -
Sample

Better Choices - Cramer's Lightning Round (10/15/08)

by SA Editor Rachael Granby

Stocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.

Bullish Calls:

Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.

Bearish Calls:

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Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
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