Anyways, the idea of poetic justice originates from Aristotle's Poetics, in which the Greek philosopher explains is view that poetry should be superior to history in that it show what should occur (what's morally right to have happened) instead of merely what does occur (what actually happened).
In short, what Buffet was saying was this: Those maverick bankers who had created an environment that led to the sub-prime loan crisis are now forced to drink their own poison. They are being punished for their own crime, figuratively speaking, of course. They deserve it. It serves them right.
Or still in other words, what goes round comes round.
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