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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: 319
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.

Post Comment   Private Reply   Ignore Thread  

#1. To: DeaconBenjamin (#0)

Good, I despise the Oracle.

Jethro Tull  posted on  2010-04-17   10:00:03 ET  Reply   Trace   Private Reply  

deleted

The relationship between morality and liberty is a directly proportional one.

"You've got to put right and wrong above legal and illegal. Because when tyranny becomes law, rebellion becomes duty; and it is not rebellion at all, it is submission to the higher law that our government is in rebellion to. We're not the rebels, they're the rebels."

Eric Stratton  posted on  2010-04-17   10:01:55 ET  Reply   Trace   Private Reply  

deleted

The relationship between morality and liberty is a directly proportional one.

"You've got to put right and wrong above legal and illegal. Because when tyranny becomes law, rebellion becomes duty; and it is not rebellion at all, it is submission to the higher law that our government is in rebellion to. We're not the rebels, they're the rebels."

Eric Stratton  posted on  2010-04-17   10:02:31 ET  Reply   Trace   Private Reply  

Good, I despise the Oracle.

I thought they were talking about Jimmy

WWGPD? - (What Would General Pinochet Do?)

Flintlock  posted on  2010-04-17   10:25:55 ET  Reply   Trace   Private Reply  

Is that ass still selling the cheesy parrot shirts to elderly wimmin?

Jethro Tull  posted on  2010-04-17   11:02:17 ET  Reply   Trace   Private Reply  

I lost ten dollars once when it fell out of my pocket. It was awful.

“No amount of reason, evidence, logic or rational argument will ever convince the true believer otherwise.”

Turtle  posted on  2010-04-17   11:04:28 ET  Reply   Trace   Private Reply  

Hey, that's a week's wages for an Obama Americorp 'volunteer.'

Jethro Tull  posted on  2010-04-17   11:07:10 ET  Reply   Trace   Private Reply  

Is that ass still selling the cheesy parrot shirts to elderly wimmin?

Big time

T-shirts are usually $23 on up, that makes the parrot hat a bargain at $10.95

I'll buy you one if you'll wear it...Dak too

WWGPD? - (What Would General Pinochet Do?)

Flintlock  posted on  2010-04-17   12:15:57 ET  (2 images) Reply   Trace   Private Reply  

Money Day isn't for several weeks.

“we were respected as the most disinterested and charitable nation in the world.” - Robert A. Taft

Dakmar  posted on  2010-04-17   18:04:20 ET  Reply   Trace   Private Reply  

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

God is always good!

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

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

“we were respected as the most disinterested and charitable nation in the world.” - Robert A. Taft

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

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