Warren Buffett On The 2008 Crisis
“this is after Bear Stearns goes down. So this is before, before Fannie and Freddie, but after Bear Stearns”
10 mentions across the corpus · positive 0 · negative 5 · neutral 3 · historical 2
Warren Buffett On The 2008 Crisis
“this is after Bear Stearns goes down. So this is before, before Fannie and Freddie, but after Bear Stearns”
“punishing J.P.Morgan for anything that happened in connection with Bear Stearns or WAMU... Maybe Jamie didn't get an indemnification agreement on Bear Stearns.”
Warren Buffett remembers the 2008 financial crisis | July 11, 2018
“after Bear Stearns goes down. So this is before, before Fannie and Freddie, but after Bear Stearns”
Warren Buffett 2008 Interview (Ivey Archive)
“When there are these enormous advantages to these proprietors (such as Bear Sterns) it encourages leveraging like crazy”
2008 Berkshire Hathaway Shareholder Letter
“The Bear Stearns collapse highlights the counterparty problem embedded in derivatives transactions, a time bomb I first discussed in Berkshire's 2002 report.”
Warren Buffett | Testimony | 2008 Financial Crisis | June 2, 2010
“Bear Stearns collapsed demonstrated the time bomb of counterparty risk that you had earlier described”
Warren Buffett | Testimony | 2008 Financial Crisis | June 2, 2010
“vastly greater numbers that existed at Bear Stearns or at Lehman and something. I just think institutions can get out of control.”
Afternoon Session - 2008 Meeting
“if Bear Stearns had failed on Sunday night, and it would have, they would have walked over to a federal judge and handed him a bankruptcy petition”
Afternoon Session - 2008 Meeting
“if you get a Bear Stearns-type situation that didn't get interrupted by the Fed, whether counterparties would fail”
Afternoon Session - 2008 Meeting
“Although if a Bear Stearns had failed, for example, you would have had had had a huge unwinding of contracts by counterparties”