1.0 link 129005 http://www.huffingtonpost.com/vince-farrell/buffetts-investment-isnt_b_129005.html I wouldn't go overboard with the thought that Warren Buffet's purchase of Goldman preferred stock is a vote of confidence in the financial system of the United States. I think it's a great example of an astute financier making a good businessman's investment.

He bought a preferred stock with a 10% coupon when Treasury's are yielding less that 4%. The warrants he gets need never be exercised so they are in effect freebies on the prospects for Goldman...

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