What does Buffett see in Goldman Sachs bank?

Quote from seasideheights:

??? :confused: ???

I'd think the multiple would come down now with the new bank status.

Any ideas?
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how much more can it come down? last time i looked it was trading at a 7pe
 
Quote from Daal:

lending money at 10%plus a free option with protection from the fed
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we are looking at this as great news, but does goldman now borrow at 10%? will this KILL there business model? or just a short term market condition?
 
Quote from KeithOmalley:

we are looking at this as great news, but does goldman now borrow at 10%? will this KILL there business model? or just a short term market condition?
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well dont ask me, I couldn't see this one coming in a million years
 
"Friends stand by friends in dire times..."

Allies, network of friends, support... defending their positions at the top. Old-money... elite-money.
Reaping the profits and gratitude of his favor later...
:)
 
Quote from Gringinho:

"Friends stand by friends in dire times..."

Allies, network of friends, support... defending their positions at the top. Old-money... elite-money.
Reaping the profits and gratitude of his favor later...
:)
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Nothing to do with buying into the best investment bank in the world at a steep discount then?
 
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