News, analysis and personal reflections on the markets & the financial sector

Monday, April 26, 2010

Buffett continues lobbying despite derivatives agreement

Warren Buffett's Berkshire Hathaway is continuing to lobby key senators on derivatives regulation that could help Buffett avoid a big financial hit. It is unclear what impact a deal on derivatives regulation reached between two key Democrats would have on Buffett's request. Buffett wants existing derivatives contracts exempt from proposed rules.

No comments: