Saturday, May 2, 2009

Buffett Dismisses Stress Tests for Assessing Banks (Update1) - Bloomberg.com

Buffett Dismisses Stress Tests for Assessing Banks (Update1) - Bloomberg.com: "Berkshire Hathaway Inc. Chairman Warren Buffett dismissed the importance of the government’s stress tests of major U.S. financial institutions in helping him assess banks he invested in.“I think I know their future, frankly, better than somebody that comes in to take a look,” Buffett said before the start of Omaha,

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