… they are talking about the market for monday …
yup, it is over
warren talking to AIG?
warren is talking to everyone
This is Warren’s dream scenario. He’s the man with a balance sheet & cash.
yes $40 billion cash…he is licking his chops
It is a VERY rare day when warren bails a financial. I think it’s the institutions talking to warren, not vice verse.
when the phone doesn’t ring -you’ll know it’s me - Warren Buffett
Buffett would never buy Lehman. I don’t think he’s into the distressed debt scenario.
Buffett bought billions of dollars of distressed telco debt in 2002. He will go almost anywhere there is value.