Berkshire Hathaway buys big bunch of BAC

[Spectrism]

Is Buffet an idiot? Or is he getting special fids under the table?

We saw BAC (and other financial stocks) rise radically this morning pre-market on the news of B-H buying $5billion of BAC preferred stock.

[k-os]

Is Buffet an idiot? Or is he getting special fids under the table?

We saw BAC (and other financial stocks) rise radically this morning pre-market on the news of B-H buying $5billion of BAC preferred stock.

Buffet is not an idiot. I smell a bailout for the next "too big to fail" - BAC.

[mick silver]

i would bet he got help from the tax payer . he in bed with dc

[Spectrism]

Buffet is not an idiot. I smell a bailout for the next "too big to fail" - BAC.

Yes- I think there will be one bail out after another. The criminals own the printing press and there is no free market when the fake money is controlled by thieves.

[chad]

so when cnbc was telling everyone bofa wasn't broke, they were lying.

[mick silver]

has cramer came out and said buy yet . if he hases then it time to run

[Spectrism]

i would bet he got help from the tax payer . he in bed with dc


so when cnbc was telling everyone bofa wasn't broke, they were lying.

Yes... sounds like it on both counts.

[JDRock]

buffet is a tool. i lost ALL respect for him when, after a visit to rothschilds castle(im not making this up) he DUMPED all his silver.

[Cebu_4_2]

Its MSM tellin you... they want YOU to buy BAC and lose... anyone remember FNM? That biatch cost me 19K in 3 hours! Hookers and beer is cheaper.

[chad]

this is exactly what that douchebag did to saloman brothers in 1991.

[Twisted Titan]

buffet is a tool. i lost ALL respect for him when, after a visit to rothschilds castle(im not making this up) he DUMPED all his silver.

Buffet dose the book balancing as eron did and when he got caught he said that the way Sec dose it. is not in line. with. the way we value our company.

man is a theif of the first order

[jimswift]

I read that 'bet on America' BS too.

A parasitic usurious entity living off the backs of Americans is now "America"?

This outfit does nothing, absolutely nothing productive, and is billed as legit.

Sorry, but I don't find what financiers do as anything but con games.

Lying, manipulating and shuffling around mounds of papers doesn't cut it in my book as anything.

Government Employees Insurance Company.
Likely an inside deal on the coverage of the largest employer in the country and he is rolled out like some kinda self made hard working guy.

[Libertytree]

Buffett never bought that stock out of benevolence, he bought it to flip it, just like is done with houses. In the quiet behind closed doors he'll sell it to GS or JPM and the .gov will then bail them out. JMO.

[Libertytree]

nice avatar clint!

lmfao!

I reckon I aughtta thank ya bro, you're the one that took it.

[Spectrism]

I guess the bump in financial stocks did not last too long.

In my small account, I have a few put options on financials. That little move by Buffet set me down about $3,000. I had a little cash and bought a couple more cheap Citigroup put options when I saw the market turning. Now I am back to positive territory. That is a 30% swing. Options can be exciting. If I could have known about the game, I could have been up $3,000. The insiders playing this rigged market are pulling in $million$.