Buffett in Lloyd's deal
Read the full article at: http://news.moneycentral.msn.com/provider/providerarticle.asp?Date=20061020&ID=6121493&feed=FT
Submitted by Geoff on Fri, 2006-10-20 15:13.
(via news.moneycentral.msn.com)
A Financial Times Article (via MSN Money) states: "Warren Buffett, the billionaire US investor, on Friday unveiled a deal to effectively take over the remaining insurance liabilities held by thousands of Lloyd's of London names - the wealthy investors who have traditionally supported the market." The article goes on to discuss the deal and the recent history of Lloyd's of London.
