I'm currently at The Berkshire Shareholders Meeting weekend. Warren led the meeting off with his long talk on Goldman. I think the main thing that he was trying

I'm currently at The Berkshire Shareholders Meeting weekend. Warren led the meeting off with his long talk on Goldman. I think the main thing that he was trying to drive home that is not getting reported is that there is a difference between being "accused" of wrong doing and actually having done something wrong. He did go to great lengths to explain how he interpreted the goings on at Goldman. He even compared it to a recent blind bond insurance deal that Berkshire had made. And in his opinion, according to the information he had available, it didn't seem like there was any wrong doing on the part of Goldman. However, he was very clear that if the ACCUSATION of impropriety became proof of wrong doing that he would have a different stance on the matter. I'm just reporting what I heard him say. Interpret as you wish. As for the side that says he has a conflict of interest in this matter, he also said his investment in Goldman is paying $15 a second. I know that would be a conflict of interest for me, but I am not Warren Buffett.