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To: BigBull who wrote (78471)3/11/2001 2:41:48 PM
From: patron_anejo_por_favor  Read Replies (3) | Respond to of 436258
 
<<Berkshire is now a Fannie Free Zone>>

Brilliant move on Warren E's part. Confirms my own fear and loathing regarding the GSE's.

Wasn't it about 1 year ago (in BRK's 1999 annual report, or shareholder's meeting) that Buffet leveled that legendary blast about "monetizing shareholder ignorance"? Only this sequel could be titled "monetizing mortgage-holder/taxpayer ignorance".....

EDIT: I see he also sold 4 million shares of Wells-Fargo. Sounds like WEB's expecting TL & EV and soon!