Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

Thursday, April 12, 2012

Warren Buffett Profits From Goldman Sachs Rejects, WSJ Says - Businessweek

Warren Buffett Profits From Goldman Sachs Rejects, WSJ Says - Businessweek

  • GS Goldman Sachs Group Inc/The
    • $115.93 USD
Billionaire investor Warren Buffett benefited from leveraged loans unloaded by Goldman Sachs Group Inc. (GS) (GS) traders, the Wall Street Journal reported...

This is a blog post on about an article that covers two of my favorite market movers and shakers, Warren Buffett and Goldman Sachs.

 Bloomberg reporting on a WSJ article and here is the link:
 http://www.businessweek.com/news/2012-04-12/warren-buffett-profits-from-goldman-sachs-rejects-wsj-says

You have to conclude that these particular business people cannot make a move without the eyes of the world watching them. Washing each others dirty laundry is how one commentator described institutional investors' many transactions...


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