2010-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Misreporting and Losses: The Abacus Transaction
The chapter discusses the nature of the Abacus transaction and clarifies misreporting surrounding it. It focuses on the losses incurred by Goldman and ABN Amro, and the speaker shares their experiences with guaranteeing credit and how Berkshire Hathaway approaches such deals.
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