Buffett: Bank woes are poetic justice - Warren Buffet, aka “My Favorite Billionaire” speaks the truth. [thx, Lilly!]
Buffett, one of the world’s wealthiest people, appeared to see irony in the fact that many of the banks who marketed complex investments which have now crashed are bearing much of the fallout.
“It’s sort of a little poetic justice, in that the people that brewed this toxic Kool-Aid found themselves drinking a lot of it in the end,” he said.
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