Buffett Goes to Bat for GS

The Sellout Oracle of Omaha defended Goldman Sachs against fraud charges over the weekend during his annual investor conference. The reaction of the 37,000 in attendance? Crickets. Buffett (conveniently) took a $5 billion stake in Goldman days before the government stepped in to save the firm. Lest we forget, he also owns a large stake in Moodys, the company that made the market meltdown possible in the first place. Does Buffett have any credibility any more?

 
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