debtacid

Does Warren Buffett Think Goldman Is More Creditworthy Than GE?

ok, ok, probably not fair to lump Buffett in with rest of Wall Street but I just wanted to make a point. I admit that without Buffet, GE would have been a lot worse off. Secretly, I admire Buffett like everyone else...

Does Warren Buffett Think Goldman Is More Creditworthy Than GE?

Looks like Crony Capitalism is alive and well. With the stroke of pen, the common stock is diluted, and it’s value is transferred from the small investor to the politically connected Fat Cat.