Why Warren Buffett Said No to Lehman and AIG in 2008

The following video is brought to you courtesy of the Wall Street Journal YouTube Channel. Click the video below to watch it now.

Warren Buffett’s Berkshire Hathaway is famous on Wall Street for having the cash to make deals happen, even during a crisis. But in 2008, he turned down both Lehman Brothers and AIG when they asked for help. In an interview with WSJ, he explains why.

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