Mr Buffet = Mr Bailout Who benefitted more from the bailouts than Warren buffet and Goldman Sachs? Where would Berkshire shares be wthout the bailouts? Basically when the legilation was written to save the banks and wall street Paulson the heads of goldman sachs and Buffet were consulted so they knew exactly what was going to happen Its a rigged game. Slap yourselves on the back Berkshire shareholders you benefitted from the greatest rip off of taxpayers ever.
No sour grapes here just stating facts The gov bailed out Buffett, Goldman Sachs, insurance companies, Banks and a few others. These guys all preach capitalizm but when it was their turn to take losses (huge losses) the gov. stepped in. My God AIG trades on the stock exhange still. The same guys who thought housing prices would never drop and financial markets require no regulation are now telling us the crisis and recession are over. Not one person that respoded to this post has yet to name anyone who benefitted more from the bailouts than Mr Buffeet or Mr Blankenfein from Goldman Sachs which Buffett does business with.