Archive for the ‘Politics’ Category

Warren Buffet investing $5 billion in Goldman Sachs. Does that look like wall street imploding to you?

Monday, December 24th, 2007

Ruby asked: Is this Wall street already cashing in on the bailouts before the legislation is even passed? http://news.yahoo.com/s/ap/goldman_sachs_berkshire;_ylt=AruhG.mjSJgeEbU01eM9e7Ks0NUE OMAHA, Neb. - Warren Buffett's Berkshire Hathaway Inc. is investing at least $5 billion in Goldman Sachs, a huge vote of confidence for one of the survivors of the credit crisis that ...

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Warren Buffet is Investing in Europe — Not in the US Even though he Endorses Obama?

Sunday, December 23rd, 2007

Joe asked: Doesn't that tell you that the US's future is bleak? We want to buy big companies that earn at least 50 million euros ($78.6 million) before taxes, and there's more of those in Europe than in other parts of the world, he said.

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