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And speaking of Warren Buffett...

Sun, 09/28/2008 - 2:32pm — lambert

Warren Buffett owns Moody's, and if I understand the role of Moody's correctly, Moody's, as a ratings agency, is deeply complicit in the meltdown, because the ratings agencies kept the scam going by giving toxic assets a clean bill of health -- and so the rubes bought them.

Eh? So while it's great to think that the Sage of Omaha has clean hands, I very much doubt it. Even if he can get our compliant tribunes of the people to take his calls.

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good catch

By DCblogger on Sun, 09/28/2008 - 5:07pm

I have always thought that he was over rated.

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