Trading on Wednesday became very interesting in the final hour thanks to the New York Times. The esteemed newspaper reported that Warren Buffett is among a number of investors considering a 20% stake in Bear Stearns -- the Wall Street bank at the flashpoint of the mortgage crisis in America. If Warren Buffett is buying in now, should you?
DID BUFFETT BUY INTO BEAR STEARNS?
The headline: New York Times Reports Warren Buffett Considering Stake in Beleaguered Invest Bank Bear Stearns
Speculation also suggests Wachovia (WB) and China Construction Bank are among the parties interested in buying a stake in Bear Stearns, says Dylan Ratigan.