WSJ’s Matthew Rose discusses a deal between the Treasury and Rep. Barney Frank, which would have big firms pay for the rescue or unwinding of a collapsed rival. He tells The News Hub Frank's plan would discourage banks from growing. Plus, is President Obama's "smart grid" a smart idea?
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Nov. 3 (Bloomberg) — Matt Rose, chief executive officer of Burlington Northern Santa Fe Corp., talks with Bloomberg’s Erik Schatzker and Francine Lacqua about Warren Buffett's Berkshire Hathaway Inc.'s decision to buy the 77.4 percent of the railroad it doesn't already own for $100 a share...
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