Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who wrote (16768)	3/12/2002 3:09:57 PM
From: Raymond Duray	Read Replies (1) of 74559

BERKSHIRE HATHAWAY \| WARREN BUFFETT Here's a highlight from the CEO's letter to shareholders: Buffett says the problems (with corporate chicanery) are widespread. "Though Enron has become the symbol for shareholder abuse, there is no shortage of egregious conduct elsewhere in corporate America," Buffett wrote. "One story I've heard illustrates the all-too-common attitude of managers toward owners: A gorgeous woman slinks up to a CEO at a party and through moist lips purrs, 'I'll do anything -- anything -- you want. Just tell me what you would like.' With no hesitation, he replies, 'Reprice my options.' " berkshirehathaway.com Color commentary from TheStreet.Com: thestreet.com

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