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<p>[QUOTE=&quot;Cloudsweeper99, post: 1253860, member: 3011&quot;]This is my last post on the matter because it seems to be beyond your comprehension.</p><p><br /></p><p>1. I believe there is a high probability that BAC is sound.</p><p>2. Buffett believes BAC is sound, otherwise he wouldn&#039;t have invested in it. This confirms my analysis.</p><p>3. Your statement that preferred stock is risk free is wrong, and I gave you Lehman as an example. I was not comparing Lehman to BAC, but refuting your belief that Buffett&#039;s investment was risk free.</p><p><br /></p><p>Even you admit that Buffett is making money on his investment, so your contention that the bank would never be able to survive is put to rest.&nbsp; So that&#039;s it, proof for anyone willing to learn.&nbsp; If you are unwilling, I still wish you good luck.&nbsp; There is a good amount of study material in this thread if you wish to increase your knowledge.&nbsp; If you wish to believe otherwise, it is your choice.&nbsp; I help where I can, but ultimately your fate and level of knowledge are up to you.[/QUOTE]</p><p><br /></p>

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