Quote from Daal:
``That's just so stupid,'' said Mohnish Pabrai, head of Pabrai Investment Funds and a Berkshire shareholder. The swap buyers are projecting ``present circumstances into infinity'' and concluding Buffett's bet will cost the company $40 billion, Pabrai said. ``
Apparently to pabrai the chance of a japanese scenario in the US in the middle of the worst credit bubble burst in history is 0
http://www.bloomberg.com/apps/news?pid=20601087&sid=ax3BmoyP2nVU&refer=home
"It will never happen,'' he said."
If it does it couldn't happen to a more deserving guy. Eat shit Buffet.