September 25, 2008
MSSRs. BUFFETT, VOLCKER AND RUBIN SHOULD BE THERE TODAY TOO:
Buffett backs Treasury plan: Billionaire says market meltdown is 'an economic Pearl Harbor' (ERIK HOLM, 9/24/08, Bloomberg News)
Billionaire Warren Buffett, calling turmoil in the markets an "economic Pearl Harbor," said his $5 billion investment in Goldman Sachs Group is an endorsement of the Treasury's $700 billion bank rescue plan.Posted by Orrin Judd at September 25, 2008 8:21 AM"I am betting on the Congress doing the right thing for the American public and passing this bill," Buffett said on cable channel CNBC Wednesday. "I certainly have a vote of confidence in Goldman and vote of confidence in Congress."
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