Thursday, August 25, 2011

Conspiracy Theory: Is the Berkshire Bandito Frontrunning a Bernanke Annoucement? (BAC; BEK.a)

From Economic Policy Journal:
...A trader emails:

probably means Bernanke is going to offer the mkt something
Remember, Buffett bought his Goldman Sachs stake just days before the huge bankster bailout was announced.  And Buffett spoke with the President earlier this week.

As for Buffett, he's in full Howdy Doody mode. He told CNBC that he got his idea to buy BAC while he was in the bathtub....

Pardon me while I adjust my chapeau.