Sources say Berkshire Hathaway (BRK.A) has joined Goldman Sachs (GS) in a bid to buy $3B in tax credits from Fannie Mae (FNM); the credits are virtually worthless to Fannie Mae. The government, which controls Fannie, is thought to be reluctant to approve a deal that would allow Goldman to save on taxes, but taking widely-respected Buffett as a partner could reduce the tension. [View news story]
Buffett again? We've got a reinsurance scandal. . . quick call Buffett he'll assuage the uproar. Hey, let's merge Wells Fargo and Wachovia. . . Get Warren, he'll make the medicine go down. Goldman Sachs is nothing but a factory that manufacturers and distributes misrepresented "mortgage" products. Let's get Warren he'll take the stink off. Hey Immelt wants to hide toxic assets from the other stockholders at GE. . .Let's get Warren. . . he'll fix it.
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Buffett again? We've got a reinsurance scandal. . . quick call Buffett he'll assuage the uproar. Hey, let's merge Wells Fargo and Wachovia. . . Get Warren, he'll make the medicine go down. Goldman Sachs is nothing but a factory that manufacturers and distributes misrepresented "mortgage" products. Let's get Warren he'll take the stink off. Hey Immelt wants to hide toxic assets from the other stockholders at GE. . .Let's get Warren. . . he'll fix it.
Nov 04 09:04 am
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All Comments by zorrow »Sources say Berkshire Hathaway (BRK.A) has joined Goldman Sachs (GS) in a bid to buy $3B in tax credits from Fannie Mae (FNM); the credits are virtually worthless to Fannie Mae. The government, which controls Fannie, is thought to be reluctant to approve a deal that would allow Goldman to save on taxes, but taking widely-respected Buffett as a partner could reduce the tension. [View news story]