Berkshire Hathaway (BRK.A) is looking to buy the mortgage assets of Residential Capital, a unit of Ally Financial, reports the Wall Street Journal. Nationstar Mortgage (NSM) and Fortress (FIG) have also shown interest in buying the assets, but Berkshire has offered to be the "stalking horse" bidder for the $374B portfolio.
America has no tolerance for wealthy people griping about their financial woes. But they have concerns too.