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5th Anniversary of the Financial Crisis Inquiry Commission’s Report

The Financial Crisis Inquiry Commission’s Final Report:

Five years ago this week, the Financial Crisis Inquiry Commission (FCIC), which conducted the nation’s official inquiry into the causes of the financial and economic crisis of 2008, made public the results of its investigation. 404 more words

The $50 billion Internet company

Appearing before the Financial Crisis Inquiry Commission on May 26, 2010, this is what Warren Buffett had to say:

“The Internet was going to change our lives, but it didn’t mean that every company was worth $50 billion that could dream up a prospectus.”

Amit