Berkshire Hathaway, Warren Buffett’s holding company, invests at least 5bln$ in Goldman Sachs. Buffett buys 5bln$ of perpetual preferred stock issued by the investment bank. The securities pay a dividend of 10% and are callable anytime at a 10% premium, meaning Goldman can buy them back at the higher price. He as well buys warrants [...]

EXACTLY as market tests the low … WSJ lights up this headline … GOVT. asks Goldman and JPMorgan to lead 70-75 bln$ lending facility for AIG … Hank did it AGAIN … OMG And tommorow the “surprise cut” ?

Another one bites the dust … ??? Rumors fly as Lehman falls another 40% on WSJ article of higher losses … CDS spreads for Lehman reaches the Bear Stearns k.o. level … Rumors of today … this was the reason for the squeeze into the close … – Lehman will be taken by Bank of [...]

Next victim LEHMAN??? AUTSCH … stock plummeted today close to 50% on a lot of fear, that Lehman might follow Bear Stearns … Problem … Lehman’s management is convinced that they don’t have to sell “cheap” BUT … even cheap … no one is interested … So … C’mon Hank … do it again … [...]

Goldman knows best Should be the new show on CNBC … Just read … and then … don’t tell me, they will not use that inside track … Goldman Sachs Group Inc’s Ken Wilson will temporarily leave the firm to advise U.S. Treasury Secretary Henry Paulson on how to resolve the country’s banking crisis, the [...]

UBS said today morning, that they need no fresh capital … and this was seen positive Sometimes I can’t believe it … Remember … the UBS capital increase was only weeks old Then Goldman put out a study on European Banks … telling (at least part of) the truth. They need more MONEY … up [...]

Nice downrally today as many investors abondaned equity positions ahead of H1 end. 2 pieces made all run for cover … 1. Goldman Sachs recommends to SHORT Citibank and Merill because of MORE WRITE OFFS … 2. Rating agency Fitch sees a possible cash crunch in 2009 for GM and Chrysler … even rumours of [...]

Expiration week … means high(er) volatility and funny moves … A good example was today … charts looked weak … BUT in today’s world … the “ones who know” … have the power … So what happened … Europe went bid … slowly … but steadily … Then some fundamental news … again all weak [...]