[ninenot]

rumor out this AM that W Buffet wants to buy a piece of GE Capital. Dunno more than that. If WB thinks part of GECap is worth buying, liquidity is assured...

[rohry]

"rumor out this AM that W Buffet wants to buy a piece of GE Capital"

You left out the fact that he wants to buy at A MUCH LOWER PRICE than GECAL wants...

[arete]

Buffet buys assets at fire sale prices when companies need to dump them for cash. Buffet made them an offer on a hunch that GE Cap needs money.

Richard W.

[arete]

Dynegy Sells Northern Natural Gas

Warren Buffet rides to the rescue at the last minute

Battered U.S. energy trader Dynegy avoided possible bankruptcy by selling it Northern Natural Gas Pipeline Company to the Warren Buffet controlled MidAmerican Energy Holdings.

Complete article here:

OilSpot News

Buffet is buying up assets of distressed companies all over the place.

Richard W.

[imawit]

How silly can this discussion get. I know a Nas stock, a techie that is now trading at over 300x P/E. Now what would the consensus be in handling this item.

Buy and hold, buy on the dip, get in before it's too late and you missed its runup ?

ps: it looks like war is imminent. Or don't you watch the news. Is your ear and a drinking glass against the wall better ?

Give me a break. Doesn't anyone play the odds on actual facts ? Rumor, you've got to be kidding. I'll give you negative odds on that rumor.