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Warren Buffett’s Wall Street War
58 days ago
by Inga
Janet Tavakoli, Washington Blog In a January 2009 interview with NBC’s Tom Brokaw, Warren Buffett criticized leveraging “to the sky,” and creating “phony instruments [RMBSs, CDOs, et al.] that fool other people so you stick money in your pocket.” In 2002, he claimed over-the-counter derivatives are ...
Rich Guys Club - richguysclub.com · Rank: 86,340 · 1 reference
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Warren buffet and the Wall Street Warriors
58 days ago
by Mark
The following is an advanced copy of an essay by Janet Tavakoli to be released tomorrow. Reprinted with permission of Tavakoli Structured Finance. Warren Buffett’s Wall Street War By Janet Tavakoli October 20, 2009 In a January 2009 interview with NBC’s Tom Brokaw, Warren Buffett criticized leveragi ...
1 Roar - 1roar.com
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