The Pershing Square founder’s Ira Sohn conference presentation on “how to save the ratings agencies (and the capital markets).”

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Comments (9)

  1. Posted by so frickin bad | June 2, 2010 at 1:23 PM

    Mr Buffet, do you think that the government should require a ratings agency rating on bonds?
    “we dont rely on ratings agency at Berkshire”
    “we actually hope that they mis-rate the bonds”

  2. Posted by guest | June 2, 2010 at 1:33 PM

    This proposal is so beautiful in its simplicity, it brought tears to my eyes.

  3. Posted by Anonymous | June 2, 2010 at 2:08 PM

    incentivize is not an actual word. it is the most over-used word that isn’t a word. the only thing more annoying is when people say “really?” with that sarcastic tone

  4. Posted by guest | June 2, 2010 at 2:11 PM

    @3 O RLY?

  5. Posted by Anonymous | June 2, 2010 at 2:34 PM

    That’s a pretty compelling proposal considering it came from such a nutjob.

  6. Posted by guest | June 2, 2010 at 2:37 PM

    @5 Einhorn proposes the nuclear option (but maybe he’s just talking his book).

  7. Posted by Pfluger the Barbarian | June 2, 2010 at 4:17 PM

    Al Franken is working on a plan. He wants to have some federal agency dole out the ratings business on structured products.

    The Franken Plan sounds like it was dreamed up by a comedian….

  8. Posted by William A. | June 2, 2010 at 4:47 PM

    You guys. I’ve got it. I called you all here for one reason.

    One word: Target.

    You can get all your stuff IN ONE STORE! And it’s not trashy like Walmart!

  9. Posted by long gold | June 2, 2010 at 7:59 PM

    I would love a federal agency to rate bonds, we could then see how much they suck thousands of times over, it would be the butt of so many jokes, endless humor

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