Wonder what they are buying......
I thought there was a money crisis, and everyone was frozen.
cumulative preferred.
He gets 10% preferred return probably with an option to convert to common
Goldman is a survivor.
What's he got a John Corzine for President bumper sticker on his car? /sarcsasm
...The supremacy of finance capital over all other forms of capital means the predominance of the rentier and of the financial oligarchy; it means that a small number of financially “powerful” states stand out among all the rest. The extent to which this process is going on may be judged from the statistics on emissions, i.e., the issue of all kinds of securities. - Vladimir Ilyich Lenin
Warren knows that Henry will be good to Henry’s friends.
Because of Buffett, I wouldn’t buy Gieco Insurance. I wish people would boycott folks like him.
While I'm not a fan of theirs, I have recently bought GS myself. Seems like its undervalued because they got lumped in with other financial stocks that had a lot of housing market exposure, while they don't and the market was a bit slow to realize it.
Specifically, I'm going for a bunch of day trading long positions on the dips--being that I expect it to eventually bounce its way back up to 180 or so making me bucks along the way.
I'm in at around 121 trying to sell around 126 or more tomorrow morning...wish me luck.