The deal happened because Home Capital is fundamentally a sound company.  Their only real problem was being sandbagged by the OSC;  an organization that won't ever touch their masters, but is never hesitant to bully the little guy.  Buffet, a vulture capitalist, recognized the opportunity immediately and swooped in.  Good for him, good for Canada, and a nice vindication of Home Capital  itself - a company that was a great Canadian success story that we need more of.