Buffet's B@?%ch

  • Goldman is paying between 14%-17% to borrow money from Buffett depending on how you value the stock options. That's good news?
  • Don't you think Buffett should have at least gave them a teaser rate?
  • Capital One (symbol:COF) also announced they are selling 750 million in stock.
  • If the market responds well to these capital raises there will be more as many financial companies need equity. That will put a lid on the market.
  • The market soaring on every piece of news shows that too many people are still scared missing the bottom.

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