Sun, May 19, 2013, 1:02 PM EDT - U.S. Markets closed
Market will love it!!!! Hope it will help here also...
It is NOT a low risk deal for Mr. Buffet. He is risking $ 5 Billion dollars. How about those of us that managed to buy shares the other day when they were $ 87? Do you think that Warren Buffet wishes that he had our average cost basis?
They are "perpetual preferred" shares only so long as Goldman Sachs does not exercise THEIR option to buy them back.