Jon Markman: Buffett in Trouble?

Friday, November 21, 2008 | 09:00 AM

I'm not so sure I believe the wild speculation part of this (last para), but I know Jon Markman, and he is a thoughtful and sober guy.

He writes:

Shares of Warren Buffett's insurance holding company are on the ropes this month, plunging 30% in part because the famed investor dabbled in an area of the market he has long publicly derided: derivatives. And due to a tangled web of financial relationships, they may be taking Goldman Sachs shares down with them.

continued here

Friday, November 21, 2008 | 09:00 AM | Permalink
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