Dr. Jekyll & Mr. Hyde Dr. Warren & Mr. Buffett Mr. Buffett, Dr. Warren, Hyde and Jekyll What a laugh. Given time, the truth will out with your reputation cut in half. From Berkshire Hathaway to Moodys, Mr. Buffett's on the skids. Ratings have become a function of the bank originator bids. Most would see conflicts of interest; the public sees chicanery. What arouses Buffett's interst? The Moodys Rating Guarantee: Bank securitizes garbage, paying Moodys. Is it fair That Moodys, banks and Mr. Buffett say, "Goodbye, buyer beware"? Then as soon as Paulson-Blankfein scuttled Lehman after Bear, Dr. Warren's Mr. Buffett bought a hefty Goldman share. The synergy of Goldman-Moodys guarantees a whirlwind profit. Dr. Warren's failing ethics couldn't keep his Buffett off it. Should Dr. Warren be forgiven? Is it in Buffett's DNA? The gene that OKs Moodys' rating most Re-Remics Triple A?
Bob Carlson To More Goldman Sachs To More Rating Agencies |