{"id":210444,"date":"2010-01-21T14:53:00","date_gmt":"2010-01-21T19:53:00","guid":{"rendered":"tag:blogger.com,1999:blog-3087194156628161158.post-3510045199101980740"},"modified":"2010-01-21T15:08:43","modified_gmt":"2010-01-21T20:08:43","slug":"fox-business-buffett-too-big-to-fail-not-going-away","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/210444","title":{"rendered":"FOX BUSINESS: Buffett: &#8216;Too Big to Fail&#8217; Not Going Away"},"content":{"rendered":"<p><a onblur=\"try {parent.deselectBloggerImageGracefully();} catch(e) {}\" href=\"http:\/\/4.bp.blogspot.com\/_I4PjsLyIz-M\/S1i0FfAE6FI\/AAAAAAAABDs\/Bi6EeJUgLDg\/s1600-h\/buffett012110.jpg\"><img decoding=\"async\" style=\"margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 276px; height: 150px;\" src=\"http:\/\/4.bp.blogspot.com\/_I4PjsLyIz-M\/S1i0FfAE6FI\/AAAAAAAABDs\/Bi6EeJUgLDg\/s400\/buffett012110.jpg\" alt=\"\" id=\"BLOGGER_PHOTO_ID_5429287357109299282\" border=\"0\" \/><\/a><span>By <\/span>Dunstan Prial<\/p>\n<h4 xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" functx=\"http:\/\/www.functx.com\" class=\"storyDate\">Thursday, January 21, 2010<\/h4>\n<div xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" functx=\"http:\/\/www.functx.com\" class=\"authInfo\">\n<h6>FOXBusiness<\/h6>\n<\/p><\/div>\n<div class=\"mainContent\">\n<style xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" functx=\"http:\/\/www.functx.com\" type=\"text\/css\">                 .ybuzz { float: right; margin-top: -4px; margin-left: -2px; } \/\/ get ybuzz li to show up properly on the right   <\/style>\n<div xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" functx=\"http:\/\/www.functx.com\" class=\"socShare\" style=\"z-index: 99999;\">     <\/div>\n<div xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" functx=\"http:\/\/www.functx.com\" class=\"clear flat\"> Warren Buffett said Thursday that one way to ensure that banks don\u2019t take on too much risk is to penalize chief executives    whose banks get into trouble.<\/div>\n<div name=\"articleCont\" xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" functx=\"http:\/\/www.functx.com\" id=\"articleCont\" style=\"color: rgb(0, 0, 0);\">\n<p>In <a href=\"http:\/\/everythingwarrenbuffett.blogspot.com\/2010\/01\/fox-business-liz-claman-interview-with.html\">an exclusive interview with Fox Business Network\u2019s Liz Claman<\/a>, the billionaire chairman of Berkshire Hathaway (BRK.A)    said he\u2019d need to know more about the significant banking reforms proposed earlier in the day by the Obama administration    before commenting on their potential impact. The reforms propose restrictions on the size of big U.S. banks and the amount    of risk they can take on.<\/p>\n<p>The so-called Oracle of Omaha said regulation is an important part of any effective financial system. In addition, Buffett    said there likely will always be financial institutions \u201ctoo big to fail.\u201d However, he said it\u2019s inherently difficult for    regulators to police risk.<\/p>\n<p>What needs to change is the incentives for bank leaders, Buffett said. CEOs of banks that need to go to the government    for bailouts should be \u201cdestroyed financially,\u201d he said.<\/p>\n<p>Buffett, whose firm invested $5 billion in Goldman Sachs (<a href=\"javascript:stockSearch('GS');\">GS<\/a><span id=\"symbol_0\">: <\/span><span id=\"symbol_0_price\">161.4161, <\/span><span id=\"symbol_0_change\">-6.4639, -3.85%<\/span>)    last year, said the Obama administration\u2019s proposal would not prompt him to sell any of those shares.<\/p>\n<p>\u201cI\u2019m not tempted at all\u201d to sell Goldman stock, he said. \u201cI would not be bearish on Goldman Sachs at all.\u201d<\/p>\n<p>Buffett added that he continues to support the Obama administration, including Treasury Secretary Timothy Geithner and    Federal Reserve Chairman Ben Bernanke.<\/p>\n<p><a name=\"comments\"><span style=\"font-weight: bold;\">Share Investor Links<\/span><\/a><a name=\"comments\"><\/a><\/p>\n<p><a href=\"http:\/\/www.shareinvestorblog.com\/\">Share Investor Blog<\/a> &#8211; Stockmarket &amp; Business commentary<br \/><a href=\"http:\/\/shareinvestornz.blogspot.com\/2007\/02\/new-zealand-business-news.html\">Share Investor New Zealand Business News<\/a>&#8211; Get more business news<br \/>Discuss this topic @<a href=\"http:\/\/www.shareinvestorforum.com\/\"> Share Investor Forum<\/a> &#8211; <a href=\"http:\/\/shareinvestorforum.com\/ucp.php?mode=register&amp;sid=450a61250472e03fa25c205c9c1723f1\"><strong>Register<strong><\/strong><\/strong><\/a> free<br \/><a href=\"http:\/\/www.currency-market.blogspot.com\/\">Share Investor&#8217;s Daily Forex Updates<\/a><\/p>\n<p><span style=\"font-weight: bold;\">Recommended Amazon Reading<\/span><\/p>\n<table id=\"searchResults\" cellspacing=\"0\">\n<tbody>\n<tr class=\"clsOdd\">\n<td class=\"tdimage\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/0470152621\"><img decoding=\"async\" src=\"http:\/\/ecx.images-amazon.com\/images\/I\/51W-0y4Dw7L._SL75_.jpg\" alt=\"Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor\" \/><\/a><\/td>\n<td class=\"tddescription\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/0470152621\">Warren Buffett Speaks: Wit and Wisdom from the World&#8217;s Greatest Investor<\/a> by <span class=\"by\">Janet Lowe<\/span><br \/>  Buy new:        $13.57       \/ Used from:        $3.91<br \/><span class=\"availability\">Usually ships in 24 hours<\/span><\/td>\n<\/tr>\n<tr class=\"clsEven\">\n<td class=\"tdimage\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/0312358784\"><img decoding=\"async\" src=\"http:\/\/ecx.images-amazon.com\/images\/I\/51ffOvIHIUL._SL75_.jpg\" alt=\"The Winning Investment Habits of Warren Buffett &amp; George Soros\" \/><\/a><\/td>\n<td class=\"tddescription\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/0312358784\">The Winning Investment Habits of Warren Buffett &amp; George Soros<\/a> by <span class=\"by\">Mark Tier<\/span><br \/>  Buy new:        $10.85       \/ Used from:        $6.72<br \/><span class=\"availability\">Usually ships in 24 hours<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/div>\n<\/div>\n<div><script type=\"text\/javascript\">var addthis_pub=\"shareinvestor\";<\/script><br \/><a name=\"data:post.title\" id=\"data:post.url\" onmouseover=\"'return\" onmouseout=\"addthis_close()\" onclick=\"return addthis_sendto()\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/s7.addthis.com\/static\/btn\/lg-share-en.gif\" alt=\"Bookmark and Share\" style=\"border: 0pt none ;\" height=\"16\" width=\"125\" \/><\/a><script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/200\/addthis_widget.js\"><\/script><\/div>\n<p><!-- AddThis Button END --><\/p>\n<div class=\"blogger-post-footer\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1811166043296468\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 60;\ngoogle_ad_format = \"468x60_as\";\ngoogle_ad_type = \"image\";\ngoogle_ad_channel =\"\";\n\/\/--><\/script><br \/>\n<script type=\"text\/javascript\"\n  src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><img width='1' height='1' src='https:\/\/blogger.googleusercontent.com\/tracker\/3087194156628161158-3510045199101980740?l=everythingwarrenbuffett.blogspot.com' alt='' \/><\/div>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/023n4wSWlJAhtnV-BkTXmgGyYBo\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/023n4wSWlJAhtnV-BkTXmgGyYBo\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/023n4wSWlJAhtnV-BkTXmgGyYBo\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/023n4wSWlJAhtnV-BkTXmgGyYBo\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/EverythingWarrenBuffett?a=tgtlrhr_XBc:-DqQJ_wrp8A:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/EverythingWarrenBuffett?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/EverythingWarrenBuffett\/~4\/tgtlrhr_XBc\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Dunstan Prial Thursday, January 21, 2010 FOXBusiness Warren Buffett said Thursday that one way to ensure that banks don\u2019t take on too much risk is to penalize chief executives whose banks get into trouble. In an exclusive interview with Fox Business Network\u2019s Liz Claman, the billionaire chairman of Berkshire Hathaway (BRK.A) said he\u2019d need [&hellip;]<\/p>\n","protected":false},"author":833,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-210444","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/210444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/833"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=210444"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/210444\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=210444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=210444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=210444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}