Monday, April 26, 2010

Should Berkshire Hathaway be required to post collateral on underwater positions?


(BTW, I own a few Class B shares and am a big fan of Warren Buffett).


rwhkc said...

Our state and federal constitutions prohibit any legislative action that retroactively changes prior existing for the obvious reason that no one could trust in any contract that could be changed by the whim of government. If Berkshire had no prior obligation, it is constitutionally protected now.

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