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Title: Buffett Loses $950 Million In One Day On Goldman SEC Charges
Source: [None]
URL Source: http://www.businessinsider.com/buffet-goldman-sachs-2010-4
Published: Apr 16, 2010
Author: Gregory White
Post Date: 2010-04-17 09:56:29 by DeaconBenjamin
Keywords: None
Views: 233
Comments: 11

Warren Buffett 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, according to Bloomberg.

Buffet's Goldman Sachs options started the day valued at $3.01 billion, and are now floating somewhere around $2.06 billion.

Its unlikely Mr. Buffet will be exercising those options today.

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Begin Trace Mode for Comment # 10.

#10. To: DeaconBenjamin (#0)

Pocket change for the old fart. I don't care what he loses or gains, I pay him no mind.

RickyJ  posted on  2010-04-17   18:08:56 ET  Reply   Untrace   Trace   Private Reply  

#11. To: RickyJ (#10)

I'm worried he'll be judged too big to fail. Get out the checkbook...

Dakmar  posted on  2010-04-17 18:10:39 ET  Reply   Untrace   Trace   Private Reply  

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