Obama's friend is singing a new tune these days

[24KT]

Warren Buffett who infamously said (by proxy) that civilized people don't own gold, appears to be singing a new tune these days. Notorious for his success with paper derivatives, ...Warren is dumping his paper, ...and shorting America.


Buffett Bets Against America - Fall Economic Outlook


What does it say when investment guru Warren Buffett bails out of billions of dollars worth of contracts backing U.S. municipal bonds?  Nothing good about prospects for an improved U.S. employment outlook and growth prospects. We will take a look at how this move colors the coming months.

Warren Buffett has decided to terminate $8.25 billion in municipal bond insurance (CDS) that his company, Berkshire Hathaway, has sold.

http://bit.ly/TYY32S

[Kazan]

What a surprise.

hey whork, now this guy is a piece of shit

[Soul Crusher]

Immelt is also supporting Romney now too.   LOL

[OzmO]

Is there another source For this "news"?

[Kazan]

Is there another source For this "news"?

Haven't looked, but I wouldn't put anything past buffet