Tuesday, April 20, 2010

Buffett slipping up!!



http://www.bloombergutv.com/experts-opin...


At the height of the financial crisis, Goldman Sachs sold Warren Buffett's Berkshire Hathaway $5 billion of perpetual preferred stock with a 10% dividend and warrants on $5 billion worth of common stock at a strike price of $115 a share.

This package gave Berkshire a return of more than 15% in exchange for its money an ... more

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