Warren Buffett Has Fighting Words For Bank CEOs’ Special Lady Friends

Nothing but love for the Oracle of O but whoa there big boy! Lloyd Blankfein doesn’t come into your Dairy Queen and trash talk the buxom milkmaids, AKA the Blizzard Babes, does he?

Buffett has called for greater accountability from bank executives whose risk-taking produces losses for shareholders and imperils the economy. The use of derivatives has allowed banks to add risk and “makes a mockery” of federal rules designed to limit losses, Buffett said. “You should go broke,” he said of chief executive officers whose firms require government bailouts to protect society. “And I think your wife should go broke, too,” he said.

Buffett Compares Wall Street To Church With Raffle [Bloomberg]

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12 Responses to “Warren Buffett Has Fighting Words For Bank CEOs’ Special Lady Friends”

  1. WB says:

    That’s right, you should all go broke. Hey Charlie, How are my Goldman preferreds doing?

  2. In other news, Warren Buffet is kind of a hypocrite.

  3. Koolaidisfun says:

    Bess is holding up the DealBreaker sale? Woohoo

  4. WarrenBaby says:

    She’s not my special lady friend, man. I’m just helping her conceive.

  5. Rm45 says:

    What happened to the Going Concern link that used to be at the bottom of the page? They sell that too? Or close it? Is Breaking Media breaking?

  6. Matt Tabibi says:

    Also, I’ve done groundbreaking investigative reporting that suggests that under his folksy exterior, he’s actually a savvy businessman forever driven by the search for profit.

  7. Mathman Prophecy says:

    And he has fallen far from the tree. His father was a man of much higher intellect and principles.

  8. Finder of Dumbasses says:

    Mathman, were you born with the ability to talk out of your ass or did you learn that at DeVry?

  9. MirrorMirronontheWall says:

    I love Buffett, but I’m not sure that chiseling claimants out of insurance payouts for a living constitutes the moral highground.

  10. Anonymous says:

    Raffles are guaranteed money-makers. Prizes are donated, or draws go 50-50. Wall Street would be lucky to get into the raffle business.
    Buffet Dealbreaker Proposition 13

  11. right says:

    Can WB just STFU already? All of his arguments appear to assume that everyone in the highest tax bracket is a billionaire.