Buffett on the economy

An interesting dispatch by Karen Tumulty on what Warren Buffett thinks about the big players in this economic crisis and bailout.
Buffett is convinced this bailout is going to turn out to be a terrific deal for the federal government, assuming it buys these distressed assets at market prices, and quipped, “I would take 1% of [...]

Paulson cancels Brookings appearance

A friend of mine has been organizing the event at Brookings today where Secretary Paulson was scheduled to speak.  It’s obviously been a crazy week, and to top it off, he just cancelled.  No time to talk while you’re saving the world… or watching helplessly as the economy collapses around you, as the case may [...]