Entries Tagged as 'Warren Buffett'
Buffett’s decision this week to launch his own bond insurer drove shares of MBIA down even further, as reported by the WSJ and theStreet.com on Friday.
Buffett probably had ample opportunity to step in and buy MBIA or Ambac with his $45 billion war chest (less $4.5 billion for his purchase of Marmon?), but decided […]
Tags: MBI · Pershing Square · Warren Buffett · Bill Ackman
Paul Kedrosky has a nice table on the recent $23 billion infusion by Asian/Middle East sovereign funds in the U.S. banking system:
Buffett confirmed on CNBC today that he’s been indirectly solicited by several financial institutions to help shore up their balance sheets, but he passed on those deals.
Well, Buffett pulled the trigger, on […]
Tags: Warren Buffett · GLW · TRN · FLS · TEX · MTW · JOYG