Market Quotes - BUFFET on the Fed + BSC

Nearly 2 months after the extraordinary event, Observe WARREN BUFFET's brief take on how the U.S. Federal Reserve handled the bankruptcy of Bear Sterns (aka the artist formerly known as BSC) -

"I think that what the Fed did, and I think it was proper by the way, what the Fed did with Bear Sterns was a big line in the sand. I mean that changed the game. At that point the world started looking different in the financial world."

Data Courtesy: CNBC tv interview on 4/28/08.