With all respect, I reckon that is how it is hoped that the general public will view this "investment'. Wall St still sees the retail punter as good for either shearing or lamb-chops, and there are a lot of cold and hungry banks out there at the moment. This mess is nowhere near over (take a look at AIG today for example), and the short-selling ban lifts in 7 days...should be some fun and games then.

Buffett is purchasing a large block of prefered shares (nice if you can get them), and has a rather familiar-looking warrant option...(I wonder if there is a re-pricing clause hidden away somewhere...surely not). I need not go into the dilution repercussions of this, as this is something we have/should be discussing ourselves at great length in regard to our own little goldmine...it matters not to GS, as they are simply putting themselves in a position to be bought out next year by Citi or BofA.

I wonder who will step in to buy PTSC - or is the reverse split now a matter of when, and not if...