The [companies] that are too big to fail may be too big to manage.

Warren Buffett in an interview with Becky Quick on CNBC, commenting on Freddie Mac, Fannie Mae, Bear Stearns, and other large financial institutions.

Tags: Bear Stearns, Becky Quick, CNBC, Fannie Mae, Freddie Mac, Warren Buffet

This entry was posted on Monday, August 25th, 2008 and is filed under Economics. Comments are closed; the conversation is kept as it was.