Whatever your thoughts on the matter of the this little mortgage rescue are, you cannot ignore the toll it’s taking on Warren Buffett. CNBC had him on this morning in a phone interview with Becky Quick, who called in from her vacation down the shore, and not even the thought of the Quickster frolicking out on Beach Haven could cheer the old boy up. He sounded downright sad and was clearly not himself. The reason I know this is because while the Oracle of O praised Paulson for doing “exactly the right thing,” he failed to pepper any of his prose with trademarked out of nowhere analogies that marry aberrant sex fetish with folksy business wisdom. The pro couldn’t even get it up to say something along the lines of “I am 100 percent behind this plan,” instead simply noting that he “wouldn’t change anything,” and sighing audibly. To Buffett’s credit, at one point he did tell Quick, “The government was on the hook in this position many, many decades ago when they got in this half slave/half free position where they said we don’t guarantee Fannie and Freddie obligations, wink wink,” but it was obvious to all his heart wasn’t in it.
Buffett: Treasury ‘Did Exactly the Right Thing’ [CNBC]
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There was a time when Mr Dairy Queen was loaded up to gills with Freddie Mac common, and he never said a peep about the weird quasi bondage relationship between Freddie and the feds.As I recall, he liked the monopoly and everything met his criteria for a sound, fundamentally well run business with superior management.
I thought I heard him mention mayo. Doesn’t that qualify as a sex fetish?
planning on getting much use out of that BDSM tag?
DayMan.
Fighter of the Nightman.
Champion of the sun.
Master of karate,
and friendship for everyone.
-BeckyBootFan
the preceding are four of the coolest posts I’ve ever read here, and none of them is mine.
Oh, and this has nothing to do with Buffet, directly, but did anyone notice that on the biggest trading day of the entire freaking credit crisis the *LSE computers bugged out?*
That doesn’t happen in an open outcry environment.
Oh, you never heard of open outcry?
BACK to your old (young) self, Bess. Man, if clever lines were breasts…
best.shorting.opportunity.ever.
What are the odds of Becky beach vacation photos showing up on Page 6 now that she’s told the world where she is staying this week?
@ 9, who cares?
lemme know when Bess is on Page 6.
I think this calls for the ole ‘Bessy-baroo’. Ohhhh Bessy Bessy Bessy
@ 8 — a standard response by powerless youngsters anytime something they don’t understand happens in the markets.
Yet, oddly, eerily, I get the same feeling.
I wonder if becky will be taking advantage of the $1 Soco and Lime shots during the Shell’s Thunder Thursday?
@12
fair enough. if i’m wrong, i’ll get whacked. oh well its only money.
#8
IT IS ***NOW*** TOO LATE TO SHORT FRE/FNM
@ 12 ‘it’s only money’
and someone else’s, at that.
Buffett’s my hero.
That pic looks like he’s thinking, “OW, my leg!” whilst sitting on the floor of an elevator…
Buffett did quote Mae West “I used to be Snow White, but I drifted”… so there was some sexual overtones going on.
I’ve fallen and I can’t get up!!!!!
that’s what he looks like just before he crawls under his expansive mahogany desk and curls himself into the fetal position.
all I see is that scene of Peter from Family Guy…Ahhhhhh…..Ahhhhhh….Ahhhhh…
@anal – reminds me of Brady from this weekend. FUCK ME.