(Community Matters) I haven’t seen enough information to know whether or not the $1.1B is a fair return on Goldman Sachs warrants issued in exchange for TARP funds. Totally unimpressed by Treasury’s citation of a 23% ROI. We’re talking about a loan of last resort that helped the organization survive.
If Buffett sold his preferred shares today, what type of return would he make? That’s a better benchmark. I suspect his would be a multiple rather than a moderate risk return.
Community Matters 