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Warren Buffett Chides Banks for Role in Market Mayhem

Calls meltdown 'poetic justice'

By Zach Samalin, Newser Staff

Posted Feb 7, 2008 2:42 AM CST

(Newser) – Billionaire Warren Buffett thumbed his nose at eminent investment banks today, claiming they caused their own demise in the subprime mortgage meltdown. "It's a little poetic justice, in that the people that brewed this toxic Kool-Aid found themselves drinking a lot of it in... Read full story »

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Warren Buffett Chides Banks for Role in Market Mayhem

Calls meltdown 'poetic justice'

Warren Buffett • investment bankers • US dollar • subprime crisis

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