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<p>[QUOTE=&quot;fatima, post: 1254607, member: 22143&quot;]There are over 10B shares of this stock and on average 325 million shares of it change hands each day.&nbsp; I don&#039;t think a million shares would be noticed at all.&nbsp;&nbsp; If Buffett put $2B of his money (what this $5B in preferred stock is costing him) into BofA common shares, it would take 275M shares, not even a days worth of volume.&nbsp; Would that be noticed?&nbsp; Most certainly so, and I&#039;d expect it would cause a price hit to the stock.&nbsp; However if, as stated, he thinks it&#039;s a good investment for the long run, a strong brand, etc. it&#039;s irrelevant.&nbsp;&nbsp; The real question is why didn&#039;t he risk anything, not one cent, in this venue?&nbsp; This would have done wonders for proving his confidence in this bank.&nbsp;&nbsp; </p><p><br /></p><p>I can&#039;t speak to other&#039;s ideas of fairness as that is between them and whatever moral system they might have.&nbsp;&nbsp; The point however is this.&nbsp; Many a banker over the years tell me the only thing a bank has to sell is their reputation.&nbsp; Once they lose that, then the bank is lost too.&nbsp;&nbsp; It&#039;s these sorts of moves that continue to destroy the people&#039;s confidence these institutions and yes, at Buffett&#039;s level fairness does become a big issue.&nbsp;&nbsp; He went into this, against his own advice that he has given for years, in a deal that only he can get, which as pointed out above has no risk for him.&nbsp; He did it in a very public way which in itself indicates it was done more as a publicity stunt.&nbsp; It&#039;s exactly the sort of smoke and mirrors games that has gone on with these TBTF banks for 4 years and anyone should see right through it.&nbsp;&nbsp; </p><p><br /></p><p>As for the predictions of $2500 gold.&nbsp; Who says they aren&#039;t buying it up?&nbsp;&nbsp; It&#039;s exactly these kinds of shenanigans that are causing them to do so.&nbsp; Gold is the great equalizer.[/QUOTE]</p><p><br /></p>

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