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| User Info | Wells writeoff was on PRIME loans.; entered at 2007-12-01 22:40:15 | |||
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Stazone72 Posts: 723 Registered: 2007-10-13 Chicago 
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I think Buffett's shield of Armour is about to get kinked. He's been called as a witness on the AIG fraud and possibly had prior knowledge but let it happen. He's a recent investor in B of A, heavily weighted in Insurance and Credit, recently sold his investment in Petro China (missed a big run up too). I'm thinking he's not the great infallable investor the MSM makes him out to be. Insurance is a great business btw. That is unless you have to pay out. 2007-12-01 22:40:15
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