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Janet Tavakoli takes you into the world of Warren Buffett by way of
the recent mortgage meltdown. In correspondence and discussion with
him over 2 years, they both saw the writing on the wall, made clear
by the implosion of Bear Stearns. Tavakoli, in clear and engaging
prose, explains how the credit mess happened beginning with the
mortgage lending Ponzi schemes funded by investment banks, the Fed
bailout and its impact on the dollar. Through her narrative, we
hear from Warren Buffett and learn how his enduring principles
caused him to see the mess that was coming well in advance and kept
him and his investors well out of the way.
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