Buffet is an INSIDER.... Inside Deals... He was well aware the tha Federal Reserve was backing both all the banks and corporations. After Warren buffet knew THE FED will not let the Mega Banks and Corporations to fail, Buffet dumped big bucks into those entities: The top 3 were: Wells Fargo Wachovia/First Union (largest stock holder), General Electric(Super Warrants), Goldman Sachs(Evil Satan MoFos).
Wealth has it privileged... we're F$%ked with the expenses.
PS: Watch ANY of the business channels and watch how they Idolize Buffet, especially Becky Quick and CNBC aka CNBS propagandists.