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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: steve harris who wrote (37657)8/3/2008 3:40:10 PM
From: TideGlider  Read Replies (2) of 224755
 
Buffet also owns a large chunk of Moodys. Or at least he had. He like buying the debt, then downgrading it, getting higher returns then later the company after it BK'd and the common was worthless. Pretty cool work if you can get it. That is where the buying dollars for 50 cents comes from.
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