Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
7 Jun 2021 Acquired Berkshire Hathaway Part III
“I think in this case, yes. I think there's also a reputational element to this too, really.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 7 Jun 2021
- Publisher
- Acquired
- Episode
- Berkshire Hathaway Part III
Transcript context
…Why is that? Is it just like that there's no way to get the fear of the Mars Corporation, there’s no way to get your hands on that free money? I think in this case, yes. I think there's also a reputational element to this too, really. If people are worried, especially in the financial sector which we'll get to in a minute, people are worried about counterparty risk, trust and effective runs on the bank of the investment bank sense. Well, bringing Berkshire and Warren is going to do a lot to shore up trust here. And I guess another way of saying to get your hands on the money from cheap money from the government, that's a bailout.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.