Warren Buffet Lends Tiffany & Co. $250 Million

[iheartscience]

Interesting tidbit I originally read on PerezHilton.com!

"Warren Buffett’s Berkshire Hathaway has agreed to invest $250m in bonds issued by Tiffany, the luxury jeweller, in the latest in a series of bond deals with stressed companies."

link

 

[AmberGretchen]

Very interesting...he must think their brand is strong enough to bring them through the crisis and offer a good return when things pick up.

 

[iheartscience]

Date: 2/14/2009 8:12:06 PM
Author: AmberGretchen
Very interesting...he must think their brand is strong enough to bring them through the crisis and offer a good return when things pick up.

I agree! I think it''s a safe bet, too. I didn''t know they were hurting that bad, although I guess everyone is.

 

[turboflgrl]

Now if they could just lower the prices a bit... oh a girl can dream

 

[Dancing Fire]

Date: 2/15/2009 1:07:39 AM
Author: turboflgrl
Now if they could just lower the prices a bit... oh a girl can dream

they did lately.

 

[Kaleigh]

Very interesting. I need to read more on this.

 

[Blackpaw]

Date: 2/15/2009 1:23:07 AM
Author: Dancing Fire

Date: 2/15/2009 1:07:39 AM
Author: turboflgrl
Now if they could just lower the prices a bit... oh a girl can dream

they did lately.

Maybe just a little more though?