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06-03-2012, 10:09 AM
> Who can forget that Warren Buffett invested in the preferred shares issued by Goldman Sachs
> and GE during the crisis and more recently, by BAC last year?
He got a 10% coupon, with a term to expiry, and an option to convert.
If the same terms are offered... I am sure the take up rate will quadruple.
> and GE during the crisis and more recently, by BAC last year?
He got a 10% coupon, with a term to expiry, and an option to convert.
If the same terms are offered... I am sure the take up rate will quadruple.