Subject: Re: NOT OT: GUNDLACH
Didn't mmfs go upside down and freeze in 2008?

According to this article it's only happened twice: one small one in 1994, and one large in 2008. The one in 2008 was serious enough that it required backstopping, and the rolldown stopped.

https://abcnews.go.com/Busines...

Buffett does all these deals, which were nice, but couldn't he (and we) have done so much better just buying stocks?

Sometimes it's better to rescue everything for tomorrow rather than get rich today, even as the lifeboat is sinking. I don't know if that's what happened, but Morgan did the same in 1907 when he got the bankers together to rescue the system instead of just himself.

Based on the number of Regional Banker honcho flights into Omaha in recent days, (Bloomberg confirms only that Warren is having conversations with the White House about things including regional banks) it may be happening again. Dunno.

there was much more money to be made buying equity of SBUX, Apple and AXP in 2008/09

Did your know that at the time, or is this after-the-fact cherry picking?