“Make it so that the CEO of an institution that fails, or goes to the government and needs help, really gets destroyed financially.” He also “thanks the Lord for Bernanke” and says that “Geithner is terrific.”
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Fox Business? What is that shit?
-Rupert Murdoch
Buffet for President
Back in the old days company presidents would PG large transactions. We need a return to that.
What should we do with money managers or chairmen of congressional committees?
I'd thank the lord for people that enriched me, and got me out of those puts I had sold.
Buffett makes more sense in this interview than anyone else out there. She pushed him on a lot and I finally heard him talk about stuff that mattered to the markets and to traders.
p.s. she's smoking hot
I had to turn off the Omaha dog-and-pony show Wednesday but this one had me riveted. Buffett said make the CEOs AND their wives pay? tough to reinstate Glass-Steagall? He's quite right, but didn't seem worried.
I'd hit that.
(Claman, not Buffett)