When Warren Buffett says it's time for government intervention, we really ough't to pay attention.
I don't usually pay much attention to what Wall St asks for, since I think they're a bunch of overpaid prissy primadonnas. But Berkshire Hathaway is the epitome of a conservative, risk averse company, and Buffett is well known for being prudent and farsighted, and not being greedy.
I think he's really worried about what could happen, and that's enough for me.
Friday, September 26, 2008
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