February 8, 2012

Elizabeth Warren Makes Timmy Geithner Squirm …

I love and adore this woman. Even though I completely understand why AIG was bailed out at 100 cents on the dollars, I'm glad she is asking questions that need to be posed for the sake of accountability. (Regarding AIG: Even though it wasn't morally right that Goldman and other counterparties used Federal money to turn worthless credit default swaps into full value investments, had the Treasury not done that, the entire system would have collapsed instantly.  I remember sitting in my office … [Read more...]

Interesting Day Both for Our Businesses and the Stock Market

Exciting day ... quite a bit of stuff happened at the companies, but I'm not comfortable discussing it (and probably won't at any time in the future).  Suffice it to say, an opportunity presented itself that could have huge growth potential for one of our major businesses.  It just changed my plans for the rest of fiscal 2010 because it requires my attention.  It is a key component in our intentions for this business over the coming 36 months. Bought Some More Berkshire Hathaway Shares The … [Read more...]