Posted by
rycK on Friday, September 26, 2008 2:12:37 PM
The Financial Leftist Parasite
Warren Buffet Needs your Tax Money to Secure His Sweetheart Deal With Goldman.
Here is the sucker
punch. If you are at taxpayer then you are the sucker:
“We’re getting ahead
of ourselves. Tonight news broke that… Berkshire to invest at least $5
billion in Goldman Sachs. Berkshire is buying shares of preferred stock with a dividend of 10% that are
callable at any time at a 10% premium. Berkshire is also getting warrants to
purchase up to $5 billion of Goldman common stock with a $115 strike price.
Goldman also plans to raise an additional $2.5 billion by selling common stock
in a public offering.” [Emphasis is mine in
all quotes.]
Now, here is The Plea of the Parasite:
“Billionaire Warren Buffett is getting
anxious. Congress has to get a serious bailout decision on the table, and fast,
or "heaven help us,"” he says.
"We are
looking over a precipice in terms of the economic condition of the country for
the next few years," Buffett said during an interview on the Fox Business
Channel. "If Congress doesn't help us on this, heaven help us."
Buffett
says there's no engineering the past. What's done is done, and there will be plenty of
time to lay
blame after a deal is passed. Congress must act, and act quickly, he
says.
"I
understand where they're very mad about what's happened in the past, but this
isn't the time to vent your spleen about that," Buffett told CNBC.” [Emphasis is mine in
all quotes.]
Well, gee whiz Mr Buffy. Can I but some BH shares from your tent
with a guaranteed 10% return? I would think that is a great
investment! Just name your price. Can I
slay some financial vampires with your license?
I don’t believe in liberalism, socialism, ACORN or
this phony bailout, but I do believe in your ability to get your slimy and
disgusting hooks into a near-warm corpse like Goldman, the place what done
hatched the turkey Paulson and others financial wizards who have managed to plunged
our financial system into the toilet. Is this like robbing graves while the meat is still warm?
Please send me an instant buy order, but skip the
prospectus. And, to save time, and in the spirit of a fast deal, just send me a
quickie wire to my bank for 10% on the stocks I would have bought as I will
exercise the options in less than a
microsecond after the deal is done. Email me for a quickie wire transfer.
The taxpayer can pick up your loses if this goes south.
Like
Quickies Warren? So do I.
p.s. I
also wonder if you would sell me some warrants on your Berkshire stocks with a strike price, of say,
$50,000? That is a good deal and look at the cash flow!
It is
too late to short Goldman and grab your money. Too bad.
rycK
Comments:
ryckki@gmail.com