Warren Buffett isn't happy. (Maybe it's the $97 million fine General RE just paid for its AIG games? Warren owns General RE...)
Anyhoo, here's his half-right comment:
“Look at the damage Fannie and Freddie caused, and they were run by the Congress,” said Buffett. “Should they have a special tax on congressmen because they let this thing happen to Freddie and Fannie? I don’t think so.” . . .
That last sentence should read "YES!! A THOUSAND TIMES YES!! Then send them home!!"
HT: Lott
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