<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/20f37305-9e91-4e8b-bcf5-8a909f4e22cb/B7255D50-F2EA-4CF5-8747-F975513287B4/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://timesonline.typepad.com/comment/2009/09/was-warren-buffetts-cell-phone-responsible-for-the-financial-crisis.html" href="http://timesonline.typepad.com/comment/2009/09/was-warren-buffetts-cell-phone-responsible-for-the-financial-crisis.html" style="font-size: 11px;">timesonline.typepad.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://timesonline.typepad.com/comment/2009/09/was-warren-buffetts-cell-phone-responsible-for-the-financial-crisis.html"><H3 class="entry-header">Was Buffett's cell phone responsible for the financial crisis?</H3></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://timesonline.typepad.com/comment/2009/09/was-warren-buffetts-cell-phone-responsible-for-the-financial-crisis.html"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/timesonline.typepad.com/img/E6F9A8E9-BEC4-4E38-AB58-DC37F42B7A29" alt="Warren Buffett" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://timesonline.typepad.com/comment/2009/09/was-warren-buffetts-cell-phone-responsible-for-the-financial-crisis.html"><P><A target="_blank" href="http://swampland.blogs.time.com/2009/09/15/warren-buffett-could-have-saved-lehma/#more-16385" linkindex="9">Time has a story</A> about a phone call between Buffett and Bob Diamond, president of Barclays. Diamond had just 24 hours to stop Lehman Brothers collapsing and a last-minute plan on how he might get Buffett to underwrite it. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://timesonline.typepad.com/comment/2009/09/was-warren-buffetts-cell-phone-responsible-for-the-financial-crisis.html"><P>Buffett got back to his hotel room around midnight and was surprised to find ... nothing. Lehman went under, and within days, the world was in a full-blown financial crisis.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://timesonline.typepad.com/comment/2009/09/was-warren-buffetts-cell-phone-responsible-for-the-financial-crisis.html"><DIV>Fast forward 10 months. Buffett, who admits he never has really learned the basics of his cell phone, asked his daughter Susan about a little indicator he had noticed on the screen: "Can you figure out what's on there?" It turned out to be the message from Diamond that he had been waiting for that night.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/B7255D50-F2EA-4CF5-8747-F975513287B4/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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