Buffett Says...

Let's not forget that this guy once called derivatives "financial weapons of mass destruction". I guess that's only when the market is going down.
 
Democrats Reject Warren Buffett's Bid for Derivatives Exemption

Democrats in the Senate aren't buying what Warren Buffett's Berkshire Hathaway is selling.
Glad that Buffett can't buy his way into that exemption. When it comes to making money or not having to spend it, every company seems to think it is a special case.

Oh, maybe it's that way with people too? :cheesy:
 
Democrats Reject Warren Buffett's Bid for Derivatives Exemption

Democrats in the Senate aren't buying what Warren Buffett's Berkshire Hathaway is selling.
The Wall Street Journal reports (subscription required) late this morning that Democrats have agreed to "kill a provision from their derivatives bill pushed by Berkshire Hathaway that would have allowed the company to avoid a significant financial hit." CNBC's John Harwood has confirmed that development with his sources, although John notes the finreg debate still has a ways to go in the Senate, and then in House-Senate negotiations.

LINK
 
I was surprised that Buffett didn't have more common sense when he was supporting Obama - now he is worried. Spank him too.
 
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