Posted on 06/03/2010 5:11:55 AM PDT by NoExpectations
Edited on 06/03/2010 5:17:31 AM PDT by Admin Moderator. [history]
Maybe now Warren Buffett knows what it's like to be tarred and feathered like a Wall Street CEO.
Revered as one of the world's savviest investors, yesterday the Oracle of Omaha, who runs Berkshire Hathaway, endured a two-hour grilling from the Financial Crisis Inquiry Commission, which is investigating the causes of the 2007 meltdown, as he staunchly defended ratings firm Moody's Corp.
(Excerpt) Read more at nypost.com ...
Moody’s conflict was a mile wide and a mile deep.
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