Sunday, March 15, 2009

Buffett on toxic assets

In the CNBC interview with Becky Quick on Monday, Warren said this:

But the toxic assets, in my view, you know, if they've been written down to market, I'd rather buy those assets from the bank than any other assets they've got.
http://www.cnbc.com/id/29596605

He should know. He was the buyer.
http://aaronandmoses.blogspot.com/2009/01/price-discovery-in-bond-market.html

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