August 21, 2007
Looking For Warren Buffett
Will Warren Buffett come to the rescue of beleagered Wall St.? "I can spend money faster than Imelda Marcos when things are right," the Wall St. Journal quotes him as saying, and he has $50 billion in cash to back up those words. Although Buffett won't talk about possible acquisitions, speculation is that he will find bargains aplenty to his liking, including assets of the mortgage Countrywide Financial Corp. WSJ, After the Tumult, Is It Buffett Time?
TrackBack URL for this entry:
Listed below are links to weblogs that reference Looking For Warren Buffett: