Thursday, September 25, 2008

Money | Buffett Interview | CNBC

Worthwhile tidbits here from Warren Buffett. If this very sharp and common sense investor says that the government needs to intervene in the credit crisis then I'm sold. Hopefully, Congress will wrap-up venting their collective spleen in the next day and get on with business. They can talk all they want about caps on executive compensation - for this credit crisis, the bad boys and girls who have driven us to the brink have largely already collected their big $$$. Nonetheless, IMHO the train-wreck-causing easy-credit/credit-securitization situation needs to be reined-in hard.