Sunday, May 25, 2008

Banks to blame for sub-prime crisis says Buffett

(MADRID) Blame for the sub-prime crisis lies at the feet of banks who took too many risks in mortgage lending, US billionaire investor Warren Buffett told newspaper El Pais in an interview published yesterday.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,280699,00.html?

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