2 ms·
> If BoA tanks in the stock market, Berkshire could stand to lose a lot of money on the common stock. When Buffet made similar bets post-crash, the US govt mad
by anamax 15y ago
> If BoA tanks in the stock market, Berkshire could stand to lose a lot of money on the common stock.
When Buffet made similar bets post-crash, the US govt made sure that he made money. (Of course, GS also had other things going for it, like much of the top-staff at Treasury.)
Obama and Buffet have been very good for each other.