I saw the CNBC interview with Mr Buffett. Diamond called out of the blue at a bad time seeking insurance. This insurance was to cover BARCLAYS CAPITAL whilst i

I saw the CNBC interview with Mr Buffett. Diamond called out of the blue at a bad time seeking insurance. This insurance was to cover BARCLAYS CAPITAL whilst it manouvred in purchasing negotiations. Diamond wanted insurance because the British Government had refused to allow Barclays to purchase Lehman without a lengthy consultation process. Buffett or not, the takeover sounded very unlikely. Nothing here has to do with Buffet himself. From the gist of the interview he was just commenting on how quick the collapse was. The interviewer asked him as The Guest, if he had any interesting stories from that time.