Thursday, September 22, 2011

The Whoracle of Omaha

AITOOW who remembers when I told you that Warren "I Look Like I Ate The" Buffett only lent money to B of A because he had secret assurances from the gubment (Fed) that they would do something about toxic mortgages (Countrywide)? Well yesterday we had Ben Serve Bankies saying the Fed will buy toxic mortgages. Shocking! And then we hear that WB is going to host a fund raiser for BB's boss next month. I thought even the appearance of a quid pro quo was enough to imply a conflict of interest and should be avoided?

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