Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Buffet Loses $950 Million In One Day On Goldman SEC Charges
Business Insider ^ | Apr. 16, 2010 | Gregory White

Posted on 04/17/2010 6:23:53 AM PDT by george76

Warren Buffet lost $950 million in Goldman Sachs (GSI) options today as the bank's stock tanked as a result of the SEC filing fraud charges against the firm

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events; US: Nebraska; US: New York
KEYWORDS: buffet; fraud; goldman; goldmansachs; ifeelyourpain; poorbaby; sec; warrenbuffet; warrenbuffett
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-74 next last

1 posted on 04/17/2010 6:23:53 AM PDT by george76
[ Post Reply | Private Reply | View Replies]

To: george76

ptl.


2 posted on 04/17/2010 6:24:57 AM PDT by ken21 (i am not voting for a rino-progressive.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

http://cbs2chicago.com/local/champaign.mayor.obama.2.1637884.html


3 posted on 04/17/2010 6:25:36 AM PDT by biggredd1
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

Yo Buffy, how’s that recovery coming for ya???


4 posted on 04/17/2010 6:25:58 AM PDT by gov_bean_ counter (Obie Wan Nairobi from the 1/2 dark side. The farce strong with this one, it is...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76
He supported Obama. . .and while he has as of late been critical; he has good reason to be even moreso and louder. Of course; Obama is showing the 'big guys' that he will rock their boat; come what may. . .
5 posted on 04/17/2010 6:26:24 AM PDT by cricket (We cannot allow the 'man who would be king' to be one!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

Good. That’s not enough. He supported 0 let him live with it.


6 posted on 04/17/2010 6:26:59 AM PDT by mad_as_he$$
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

obama’s adminstration could not have bestowed their favors on a more grateful recipient


7 posted on 04/17/2010 6:27:09 AM PDT by silverleaf (Karl Marx was NOT one of America's Founding Fathers)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76; All
Schadenfreude!
8 posted on 04/17/2010 6:28:23 AM PDT by Red in Blue PA (Thinking of using 911 for protection? Google "Brittany Zimmerman")
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

SOROS VS. BUFFETT IN THE BATTLE FOR THE WORLD’S FINANCES!


9 posted on 04/17/2010 6:29:15 AM PDT by struggle ((The struggle continues))
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

Hey, Buffy— I HOPE President Sock Monkey takes all your CHANGE, sucker!


10 posted on 04/17/2010 6:30:02 AM PDT by mikeus_maximus ("I hope that someday we will be able to put away our fears and prejudices and just laugh at people.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

Let me know when Soros loses billions. But of course that would never happen since he is one of the ones calling the shots in this administration.


11 posted on 04/17/2010 6:30:34 AM PDT by uptoolate ("Unemployed? Depressed? Angry? Don't Beat Your Wife... Beat A Democrat..." VOTE)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

He was playing with his trains while GS was shorting their own stock, er, I mean doing Gods work...


12 posted on 04/17/2010 6:30:37 AM PDT by Camel Joe ("All animals are created equal, but some animals are more equal than others"- The Pigs)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

So simple a caveman could do it, right, Warren?


13 posted on 04/17/2010 6:30:39 AM PDT by InvisibleChurch (1 birth, 2 deaths; 2 births, 1 death)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76
I would love to know the story of the backroom discussions of this prosecution. There are so many people in government with GS connection that I can't believe that it was general knowledge before hand or else it wouldn't have caught GS by (apparent) surprise. Did a few people at the SEC make this decision without alerting the White House?
14 posted on 04/17/2010 6:30:46 AM PDT by KarlInOhio (Obamacare: The 2010 version of the Intolerable Acts.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

Warren Buffett needs to have a word with his friends who know the right people at at the SEC. Goldman Sachs will be beating the bushes all weekend. It’s not what you do, it’s who you know.


15 posted on 04/17/2010 6:30:58 AM PDT by dennisw (It all comes 'round again --Fairport)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

The poor man, he must be destitute now.


16 posted on 04/17/2010 6:31:04 AM PDT by dangerdoc
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76
From the Bloomberg link:

The deal reflected Buffett’s belief in “not just the strength of Goldman but its integrity,”

Buffett supported Obama too, so what does that tell you about his ability to judge integrity?

17 posted on 04/17/2010 6:31:52 AM PDT by Need4Truth
[ Post Reply | Private Reply | To 1 | View Replies]

To: Camel Joe

lol....GS is the real money train Warren. Stop playing choo choo train with Burlington Northern


18 posted on 04/17/2010 6:32:38 AM PDT by dennisw (It all comes 'round again --Fairport)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Toddsterpatriot

Am I reading the chart correctly? BRK-A is trading at about the same level as when Obama was elected? Is BRK-A the stock I should be checking? Didn’t BRK-B split 50-1?


19 posted on 04/17/2010 6:33:25 AM PDT by 1rudeboy
[ Post Reply | Private Reply | To 1 | View Replies]

To: mad_as_he$$

You go to bed with the chickens and you get up with the chickens.


20 posted on 04/17/2010 6:33:41 AM PDT by Big Horn (Rebuild the GOP to a conservative party)
[ Post Reply | Private Reply | To 6 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-74 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson