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<p>[QUOTE=&quot;InfleXion, post: 1254199, member: 29012&quot;]Since the nature of preferred stock is that it will be paid back even if BAC goes under, and prior to paying back the regular stockholders, it doesn&#039;t seem like Buffet is actually putting a show of faith in the health of the bank which would only be evidenced if he would have gotten the regular stock instead. To say that he thinks the bank is sound is a bit of a stretch IMO otherwise he wouldn&#039;t be playing the failsafe.[/QUOTE]</p><p><br /></p>

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