Tag: financial crisis
Wise Commentary from the Oracle of Omaha
For anyone involved in business or investing Berkshire-Hathaway’s annual report should be required reading. Not so much the entire report but at least the letter which is carefully crafted by one of my favorite people, Warren Buffett. You can read this year’s letter along with past years at this link. I try to read it [...]
Posted: April 9th, 2009 under Credit Crisis, Debt, Housing & Real Estate, Personal Finance.
Tags: 2008 annual letter, financial crisis, housing commentary, warren buffett
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WSJ.com-Worst crisis since Great Depression
WSJ.com featured a great article summarizing the problems we find ourselves in. You may access the article by clicking this link. Among the points that I found interesting- * “This has been the worst financial crisis since the Great Depression. There is no question about it,” said Mark Gertler, a New York University economist who [...]
Posted: September 18th, 2008 under Credit Crisis, Economics & Interest Rates, Housing & Real Estate.
Tags: credit crisis, credit default swaps, financial crisis, The Fed
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