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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
wildbilln864 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 07:22 PM
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59. k&r! nt
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  -Paulson & Bush BUSTED: Buffett Investing $5 Billion in Goldman Sachs understandinglife  Sep-23-08 11:49 PM   #0 
  - Warren Buffet saves the day  sasquatch   Sep-23-08 11:53 PM   #1 
  - I heard bits and pieces yesterday: Paulson's deal here will benefit  roguevalley   Sep-24-08 02:59 PM   #51 
  - It's more of an endorsement deal really, the terms for GS SUCK..  galileoreloaded   Sep-24-08 06:50 PM   #55 
  - check  Flabbergasted   Sep-23-08 11:55 PM   #2 
  - Talk about putting your money where your mouth is!  ddeclue   Sep-23-08 11:59 PM   #3 
  - Absolutely!  KathieG   Sep-24-08 12:21 AM   #8 
  - Roger that!  understandinglife   Sep-24-08 12:31 AM   #11 
  - Is Buffett speaking about this publicly?  tridim   Sep-23-08 11:59 PM   #4 
  - In a real sense, he has -- that's $5 Billion, his reputation, his shareholders' money, ...  understandinglife   Sep-24-08 12:11 AM   #5 
     - Yea, but he needs to go on Countdown and MTP  tridim   Sep-24-08 12:18 AM   #6 
  - Warren Buffet is seriously the shiznit  Indenturedebtor   Sep-24-08 12:21 AM   #7 
  - This is why he is Warren Buffett and I am not.  cliffordu   Sep-24-08 12:29 AM   #9 
  - :)  understandinglife   Sep-24-08 12:30 AM   #10 
  - Best. Reply. Ever.  MadrasT   Sep-24-08 02:16 PM   #48 
  - and I'm more Phoebe Buffay  spooky3   Sep-24-08 06:32 PM   #53 
  - Stunning  mzmolly   Sep-24-08 12:39 AM   #12 
  - Kicked & Must Read  merh   Sep-24-08 12:42 AM   #13 
  - Hey there!!  understandinglife   Sep-24-08 01:09 AM   #18 
  - Well Played!  FrenchieCat   Sep-24-08 12:44 AM   #14 
  - Oh yeah!  Lugnut   Sep-24-08 12:48 AM   #16 
  - He is certainly talking......  FrenchieCat   Sep-24-08 12:48 AM   #15 
  - And the 'market' may be listening ... already ...  understandinglife   Sep-24-08 01:07 AM   #17 
  - Buffett is the man!!!  phoenixriz   Sep-24-08 01:22 AM   #19 
  - K & R  OakCliffDem   Sep-24-08 05:05 AM   #20 
  - So, Congress surely knows about this...  timeforarevolution   Sep-24-08 05:14 AM   #21 
  - Wow, just heard on local ABC news morning program about this...  timeforarevolution   Sep-24-08 05:24 AM   #22 
     - Okay, it was the "money scope" segment but no Obama mention. n/t  timeforarevolution   Sep-24-08 05:26 AM   #23 
  - What will they do now?  Joanne98   Sep-24-08 05:28 AM   #24 
  - I hope this has the intended effect.  liberalla   Sep-24-08 05:30 AM   #25 
  - AIG is getting $85 mill loan from Fed, so they don't need bailout now either nt  wishlist   Sep-24-08 06:24 AM   #26 
  - Goddamn Obama had BETTER follow suit with Buffett  judasdisney   Sep-24-08 06:33 AM   #27 
  - UL, When I read this earlier I interpreted it as with Paulson at the helm, it was likely  mod mom   Sep-24-08 06:43 AM   #28 
  - No doubt Paulson is in conflict-of-interest. See what DeFazio had to say yesterday.  understandinglife   Sep-24-08 09:34 AM   #32 
  - To me, this action by Buffet says A LOT.  AndyA   Sep-24-08 07:11 AM   #29 
  - self-delete- to move reply  chill_wind   Sep-24-08 09:55 AM   #34 
  - BS  BraneMatter   Sep-24-08 07:17 AM   #30 
  - That's my take on it too.  NoUsername   Sep-24-08 09:43 AM   #33 
  - I'm no financial whiz, and haven't been following the situation closely...  Psyop Samurai   Sep-24-08 09:55 AM   #35 
  - So  progressoid   Sep-24-08 07:26 AM   #31 
  - "A short-lived pop."  chill_wind   Sep-24-08 09:56 AM   #36 
  - The market going back down is just part of the fix...as in, THE FIX IS IN  loudsue   Sep-24-08 11:16 AM   #37 
  - Yes, and if anything he is part OF IT. He is lobbying FOR the bill. n/t  chill_wind   Sep-24-08 02:34 PM   #50 
  - Respectfully, not the point. What Buffett did was set the parameters for any responsible Fed action  understandinglife   Sep-24-08 11:47 AM   #38 
     - See post # 30.  chill_wind   Sep-24-08 12:46 PM   #41 
     - Actually, all that anyone needs to read from Buffett's statement is:  understandinglife   Sep-24-08 01:42 PM   #42 
        - "Follow the Oracle: Buffett's Goldman Deal a Roadmap for the Government"  understandinglife   Sep-24-08 02:13 PM   #46 
        - Respectfully, I can elect to read it ALL. He thinks Hank is awesome  chill_wind   Sep-24-08 02:25 PM   #49 
           - "economic pearl harbor"  shanti   Sep-24-08 11:14 PM   #80 
     - Thank you for pointing this out  flamingdem   Sep-24-08 06:46 PM   #54 
  - Buffet supports the bailout and explains his stake. CNBC video and transcript.  chill_wind   Sep-24-08 12:35 PM   #39 
  - yep - mobsters  Swamp Rat   Sep-24-08 12:37 PM   #40 
  - The OP needs correcting. Buffet is on record FOR Paulson and FOR the bailout.  chill_wind   Sep-24-08 01:43 PM   #43 
  - Uh, isn't that a bet on a bailout?  Marie26   Sep-24-08 01:46 PM   #44 
  - Absolutely. It's an " economic Pearl Harbor", says he.  chill_wind   Sep-24-08 02:03 PM   #45 
     - Buffett is PRO-bailout  Marie26   Sep-24-08 08:45 PM   #71 
        - YES. PRO-Bailout. PRO-Paulson. PRO-Urgent pressure on Congress  chill_wind   Sep-24-08 09:32 PM   #74 
  - Duh  Naturalist   Sep-24-08 02:16 PM   #47 
  - I don't get it. Explain, please?  marekjed   Sep-24-08 05:27 PM   #52 
  - Simply, Buffett disrupted Paulson's scam. He INVESTED in Goldman. He set ...  understandinglife   Sep-24-08 07:24 PM   #60 
  - Well good for him!  Blue State Native   Sep-24-08 06:51 PM   #56 
  - His point is solid: If you save the company, you get preferred returns and options.  TexasObserver   Sep-24-08 07:18 PM   #57 
  - Precisely. And if you, the US Tax Payer, is the investor, as Obama intends you to be, you get ...  understandinglife   Sep-24-08 07:26 PM   #62 
     - Yes, and I agree that Buffett made that point.  TexasObserver   Sep-24-08 07:33 PM   #64 
  - I love him  lynettebro440   Sep-24-08 07:19 PM   #58 
  - k&r! nt  wildbilln864   Sep-24-08 07:22 PM   #59 
  - So Buffet did that to keep from needing any congressional bailout?  and-justice-for-all   Sep-24-08 07:26 PM   #61 
  - He set the parameters for the use of any tax payer dollars -- including his own.  understandinglife   Sep-24-08 07:30 PM   #63 
  - Of course Paulson is an evil bastard...  and-justice-for-all   Sep-24-08 07:38 PM   #65 
     - Yes. For several reasons. Leverage for Obama and Congress. Calm, globally.  understandinglife   Sep-24-08 07:43 PM   #66 
        - I see, thanks. nt  and-justice-for-all   Sep-24-08 07:58 PM   #67 
  - No, he did it because he's counting on a gov. bailout.  Marie26   Sep-24-08 08:46 PM   #72 
  - Buffet didn't invest in Goldman, he invested in the government taking action.  SlipperySlope   Sep-24-08 07:59 PM   #68 
  - He invested in Goldman. He DEFINED how the Government should INVEST in Goldman ...  understandinglife   Sep-24-08 08:28 PM   #69 
     - The government ought not to invest in Goldman.  SlipperySlope   Sep-24-08 08:43 PM   #70 
  - I can see your point and think it is a brilliant observation.  Kaleko   Sep-24-08 09:29 PM   #73 
  - Thank you. And, the brilliance is entirely Obama's and Buffett's. They set the parameters.  understandinglife   Sep-24-08 10:04 PM   #75 
     - And, here's Senator Biden driving the message to America ...  understandinglife   Sep-24-08 10:45 PM   #78 
        - Biden certainly drove home the point.  Kaleko   Sep-25-08 12:13 AM   #81 
  - Warren made a bundle and Goldman sold double that amount of stocks after Buffet's bid  Dover   Sep-24-08 10:11 PM   #76 
  - And maybe.....GS even got a tiny bit of a head start. Suspicious boost Tuesday  chill_wind   Sep-25-08 02:39 PM   #83 
  - Agreement  Piewhacket   Sep-24-08 10:12 PM   #77 
     - Exactly! And, for further evidence of how solvent Goldman is ...  understandinglife   Sep-24-08 10:58 PM   #79 
        - Buffett has just earned the Medal of Freedom.  Piewhacket   Sep-25-08 10:37 AM   #82 
 

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