What is the reason to link Buffett's purchase of GS stake to approval for the evil Bailout? Yes, Buffett has said he also supports the action of the US administration. But he never asks you or me to give support to such Bailout. Do NOT use Warren Buffett to play political propaganda!
I just have one simple question: many potential buyers do not take a stake in GS, does that mean they are not supporters for the evil Bailout?
There are so many possibilities behind the purchase by Warren Buffett and I am not convinced that the purpose of the purchase is to tell the world to support the evil Bailout.
Yes, Buffett has made a huge bet on Financials and he is merely expanding his business by investing in GS. He announced his support for the actions of the US administration well before the release of the purchase of GS.
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