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He's no hero

Insidious Von

My head is my home
Sep 12, 2007
38,099
6,428
113
I'm posting this here for greater eyeballs.

I read Too Big To Fail twice. I'm not financial expert, far from it, but some of the details in the book disturbed me. Questions that remain unaswered. Warren Buffett called COD's "weapons of mass destruction", yet did nothing about it. He had two opportunities to make his mark and did nothing. James Cayne sabotaged his bank, Bear Stearns with CODs, Buffett deferred. Jamie Dimon stepped up to the plate, that left the JP Morgan-Chase CEO powerless to prevent Lehman Brothers from going over the edge. In December 2007, he saw what was coming and could have intervened, he could have remade himself into the JP Morgan of the 21st Century. He chose to sit on the sidelines and stayed there when Sept 16 2008 smashed Wall Street. What did he do - he helped himself to an ownership stake in Goldman Sachs.

At the end of it all, Too Big To Fail is pulp propaganda even though much of it is factual. When it concerns Buffett, who owns Viking Press, it's a fairy tale. Buffett is not an oracle he is in fact one of America's foremost rent seekers.

...at least with the Koch Bros, you know where they're coming from.

 

malata

RockStar
Jan 16, 2004
3,829
172
63
Paradise by the dashboard light.
the man is best known for golden eggs coming out of his ass. He may not be Mother Theresa, but in the hen house, he has the Kwan

 

Insidious Von

My head is my home
Sep 12, 2007
38,099
6,428
113
malata I'm all for fun and frivolity but you do realize that Tommy Boy is a potential serial killer?

Katie Homes just managed to escape but she may not be safe.

 

malata

RockStar
Jan 16, 2004
3,829
172
63
Paradise by the dashboard light.
malata I'm all for fun and frivolity but you do realize that Tommy Boy is a potential serial killer?

Katie Homes just managed to escape but she may not be safe.
you do add spice in the entertainment world. Keep it up

me still get junk mail from those fuckers. I think they're after my bitcoins

 
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