September 24, 2008
FUNNY SORT OF FAILURES:
Markets boosted as Warren Buffett invests $5bn in Goldman Sachs (David Teather and Graeme Wearden, 9/23/08, guardian.co.uk)
Warren Buffett today agreed to invest $5bn (£2.7bn) in Goldman Sachs, giving the bank a strong vote of confidence following the tumultuous Wall Street events of the past few weeks.Analysts hailed the move by Buffett - known as the Sage of Omaha - as a sign that some stability could be returning to the markets. UBS called it "the ultimate stamp of approval".
So why is his fair-haired boy, Senator Obama, running around saying the sky is falling? Posted by Orrin Judd at September 24, 2008 7:18 AM
