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Monday, May 11, 2009

Buffett Lambastes Bankers, Insurers for ‘Stupidity’

Buffett Lambastes Bankers, Insurers for ‘Stupidity’
"...“I think that virtually everybody associated with the financial world contributed to it,” Buffett said of the crisis. “Some of it stemmed from greed, some from stupidity, some from people saying the other guy was doing it.”..."
Reference: www.bloomberg.com

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