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

Saturday, August 25, 2012

Buffett's Muni-Bond Move Raises a Red Flag - WSJ.com

Buffett's Muni-Bond Move Raises a Red Flag

A decision by Warren Buffett's Berkshire Hathaway to end a large wager on the municipal-bond market is deepening questions from some investors about the risks of buying public debt. Colin Barr reports on Markets Hub. Photo: Bloomberg.









Video - Buffett's Muni-Bond Move Raises a Red Flag - WSJ.com


 LINK:  http://live.wsj.com/video/buffett-muni-bond-move-raises-a-red-flag/D6DC6CFF-6A62-477D-AE5E-A0BFF8B1BECD.html?mod=wsj_category_tboright#!D6DC6CFF-6A62-477D-AE5E-A0BFF8B1BECD


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