Somehow I think of Davy Crockett when I think of Warren Buffett this morning, reading the news. In terms of media icons, the original stock picking Fonzie has just been accused of having in his wardrobe some stolen clothes. Chachi is broken hearted. Now two inside boys trading on the sly. And there is a backdrop of dreariness. Radioactive oceans and rain and tap-water in Japan. War is spreading in Africa. It seems likely this fire will spread, but to where, next. Two revelations like this at a company are a turning point. Two bad apples can be coincidence but if there is more then there will be blood. Is someone blackmailing Warren Buffett with still other skeletons? Is the media? Attacks by those shorting a company's stock have been popular these last few years, and what would be the biggest, most unbelievable short? Or are news releases (plural) going yet now to follow with deeper revelations that this is in fact the wikileaks press-release on a major financial institution.
A new question this year now is what effect on the market would wall street's last pillar of integrity have if his integrity were revealed to be a conjuring, not unlike that wizard of Oz.
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What ever came of the bank wikileaks?
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