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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Augustus Gloop who wrote (8405)	11/13/2007 4:23:30 PM
From: Hawkmoon	Read Replies (2) of 33421

You all read the WSJ article that mentioned Buffet is out there shopping around re-insurance coverage for CDOs and CMOs? Never owned Berkshire, but after article I'm starting to think about it.. He's sitting on $45 Billion in cash and I can't think of a better "blood in the streets" scenario than what's happened in the asset backed securities market. Hawk

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