Sunday, September 28, 2008

2 interesting points

I went through some of the blogs,opinions and news websites and found 2 interesting points about all the US mess: 1. Why hasn't the SOX(Sarbanes Oxley Act) been used to make the CFO's and CEO's of the doomed institutions personally liable and put them in prison? 2. How come Warren buffet got such a neat sweet deal from one of the best institutions of the world (A 5% preferred stock with a hefty 10% dividend and an option to buy 5% common stock which is already in the money) whereas the US treasury is buying everybody's s**t? Interesting... I guess we will never know the real reasons, would we ?

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