[LRoggy]

Goldman does not have the ability to buy those institutions. Goldman’s market cap is less than half of Wells Fargo for instance. Don’t be surprised if Wells makes an offer for them over the next 12 months if the stock price doesn’t go anywhere given the fact Berkshire owns about 10% of WFC.

Buffett can’t lose too easily for this. The terms I believe are 10% yield plus convertible at $115 per share, below the market price. I’d love to lend them on those terms.

[Cold Heat]

They could buy one, like WM. Right now, there is only 8.5B in market cap, perhaps less as my data is old. Wamu has offices in about a third of the country and a huge deposit base that everyone is envying.