Wednesday, September 24, 2008

Buffet Buys into the Henry Paulson's Plan

When Warren Buffet talks,
investors and CNBC listens.

Answering questions on the phone call with CNBC, Buffet explains why he's putting in 10 billion for a piece of Goldman Sachs.

After listening to congress question Henry Paulson on CNBC yesterday and come away with an even lesser opinion on the Legislative Branch of Government, it was a breath of fresh air hearing Buffet telling it how it is, and how dire the situation really is, or as Warren put it "...we are on the verge of going over the edge."

He also suggested we should talk Paulson into staying on for the next President as Secretary of the Treasury.

Wingman, concerned.

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