Word: buffetts
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...loans, chopped them up and sold them; and above all, the presiding executives who got performance bonuses whether they performed or not, buying and selling things whose value they could not possibly know, finding ways to reduce risk that instead greatly increased it, unleashing on the markets what Warren Buffett called "financial weapons of mass destruction...
...There were a lot of shenanigans that went on in the synthetic space," says Janet Tavakoli, who is an expert in structure finance and author of the recent book Dear Mr. Buffett. "These bonds were created by financial meth labs. Now the government is going to have to figure out how to take...
...least to 38 percent, as in the 1990s when the economy was steaming ahead...strengthen unions - one of the few mechanisms able to improve real income for workers - by enacting the Employee Free Choice Act...Is all this just 'class warfare,' according to the rhetoric of conservatism? Answers Warren Buffett, now the wealthiest American: 'It's class warfare only because my class started it and is winning...
...Warren Buffett. No, the economy’s in a tailspin. Barack Obama. No, Malcom Glenn [President of The Harvard Crimson]. I’ll say he’s the love of my life. I think that Glenn’s a lot wiser than Buffett and a lot more charismatic than Obama...
...York City--based research firm. "They'll take work for which they're underpaid and overqualified." For some, that flexibility means a willingness to accept a transitional position below the salary they're accustomed to--what's often called a survival or fallback job. Legendary investor Warren Buffett has said he would never take a job he wouldn't want to keep. And he stayed true to that, even before he was wealthy. We don't live long enough, the argument goes, to waste time doing something we don't love. Few people, however, make even a small fraction...