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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (93997)	5/4/2008 3:26:43 PM
From: Giordano Bruno	Respond to of 110194

A sense of propriety is what Buffett said helped lead Mars Inc, the maker of M&Ms and Snickers bars, to seek his help in agreeing last week to buy chewing gum maker Wm Wrigley Jr Co (WWY.N: Quote, Profile, Research) for $23 billion. Berkshire kicked in $6.5 billion. "They only wanted to deal with Berkshire," Buffett said. And Buffett said Mars wanted a sure commitment, following the recent collapse of several big mergers because of tight credit markets. That was not a problem because Buffett believes in sticking to commitments. Even, he added, if New York City is hit with a nuclear bomb, a flu epidemic breaks out, or "Ben Bernanke runs off to South America with Paris Hilton." reuters.com