BOOMED! Huge buying opportunity ...

[KentPhilip]

Warren Buffet has bought billions worth of Goldman Sachs.

Do whatever George Soros or Warren Buffet do.

Warren Buffet has billions, over $80 billion, invested in stocks already, and is one of those who will lose the most if the market does a 1929 style crash. So it is very much in his interest to try to support the markets psychologically in general, even if his $5 billion investment is itself a bit wonky. That explains why he supports the bailout, as that would be good for his investments. Don't trust it, or him.

George Soros on the other hand thinks the bailout is a bad idea. He's right.
http://www.ft.com/cms/s/0/9973c5b0-8...0779fd18c.html

[HairyArsedBloke]

Warren Buffet has billions, over $80 billion, invested in stocks already, and is one of those who will lose the most if the market does a 1929 style crash. So it is very much in his interest to try to support the markets psychologically in general, even if his $5 billion investment is itself a bit wonky. That explains why he supports the bailout, as that would be good for his investments. Don't trust it, or him.

George Soros on the other hand thinks the bailout is a bad idea. He's right.
http://www.ft.com/cms/s/0/9973c5b0-8...0779fd18c.html

Plus that capital going in to Goldman's from Buffet is very expensive.

[ChimpMaster]

George Soros on the other hand thinks the bailout is a bad idea. He's right.
http://www.ft.com/cms/s/0/9973c5b0-8...0779fd18c.html

Oh, you mean the same George Soros who made billions from the collapse of the £ in the early 90s, forcing it out of the ERM? So he thinks this bailout is a bad idea, and of course he's not invested in any particular currency right now...

[HairyArsedBloke]

Oh, you mean the same George Soros who made billions from the collapse of the £ in the early 90s, forcing it out of the ERM? So he thinks this bailout is a bad idea, and of course he's not invested in any particular currency right now...

Which kicked off the economic recovery. Yup, the very same. The man is a saint.

[2uk]

Dimprawn has predicted all the doom , he has spoken .... DIMPROWN is MORE CLEVER THAN SASGURU !

[KentPhilip]

If this bailout goes ahead America will be mired for years in a soup of high taxes and inflation. It'll be like the 70's UK again, with no cheap Chinese imports.

With no bailout there'll be a huge crash. Many of the sick Wall street companies and banks and people will be removed from the stinking dead heap and fresh efficient enterprises will grow up in their place, and make America a kicking place once again.



"They bought their tickets. They knew what they were getting into. I say: Let 'em crash (with apologies to Airplane, the movie)"

[KentPhilip]

Which kicked off the economic recovery. Yup, the very same. The man is a saint.

Yup.

[expat]

Which kicked off the economic recovery. Yup, the very same. The man is a saint.

Economic recovery? What economic recovery? You mean the UK is doing better than say Germany? It sure doesn't look that way to me as I fly out every Monday. Or do you mean that it could have been even worse?

[HairyArsedBloke]

Economic recovery? What economic recovery? You mean the UK is doing better than say Germany? It sure doesn't look that way to me as I fly out every Monday. Or do you mean that it could have been even worse?

This was back in '92. Do keep up.

[Bagpuss]

Which kicked off the economic recovery. Yup, the very same. The man is a saint.

Nice wind up, only on cuk could such a parasite that cost the UK taxpayer billions be lauded!