"Houston, we have a problem..."
This raises the question, why are US Taxpayers buying junk assets instead of buying stock in these failing banks? You don't see Warren Buffet offering to buy bad debt and neither should we.
absolutely. If Buffett thinks it's safe to invest in GS, then why do we need a bailout?But Paulson tipped WB off to this thing weeks ago. WB wouldn't make this decision so quickly.
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