Warm_Paw

Goldman, Buffett Deal with Fannie Mae Inked a Month Ago

What can the taxpayer do about it.
A movement should be started confining the president to one term if he blatantly stands by while Goldman and Buffet profit from the tax payer subsidizing losses to the banks.
This can't be legal?!?!?!
Aren't their people handling tax dollars who are accountable to the public?
What prevents anyone from lining his pockets through this kind of action?

Berkshire Comes to AIG, XL's Rescue: A Win-Win

Warren knows the Fed will bail out AIG yet again so he's confident if they call his credit, he'll get it back.
I see AIG fattening up for it's next earnings report.
Unless FASB allows AIG to really get creative with their accounting, I see AIG at $5 a share in two months.
Their loss appears to be between -$6 to -$20 a share.
If they don't have to report in conservatorship, I guess that's a good thing. But they were -$38 billion at last count in share value, how low can a company go into the negatives and still be functioning?
Anyone purchasing the stock has to be on medication...

Does It Pay To Follow Buffet Blindly?

Buffet jumping into GE and GS may have been window dressing.
The Fed is pulling out all the stops and Warren buying means turn around to many investors.
Notice he bought two stocks which are strong enough to weather this situation. I doubt his money would be in risk at this point in time.
GS is the only financial institution floating during this time and GE is an American mainstay.