[sully777]

This news story also appears on this morning's Bloomberg.com and the Australian online news service, so try to look past some bad copy editing such as tornado Katrina.

I empathize with Warren Buffett's loss. Truly I do. He is hurting. How can we sit idly by while this man and his giant company gets hammered for betting against Bush and the US currency? There ought to be a guvment subsidy to help him get back on his feet.

[sully777]

FYI for one of your ping-lists: How does one feel about hard times falling upon a man whose only "crime" was investing billions against the US dollar and the reelection of GWB?

[Prime Choice]

In the wake of these losses, I say we raise Buffett's taxes. After all, he keeps insisting that will solve everything.

[GSlob]

"He is hurting."
He didn't get to be THE Warren Buffett by having an endless string of monotonously good and predictable quarters all the time - he got such successful quarters merely most of the time, and that was sufficient. Even now he still managed to show a 106M profit [less than it could have been otherwise, but nothing to sneeze at]. So he's not hurting too badly.

[OldFriend]

Somehow, America's strong economy, caused by President Bush, has harmed this man!

Let's see if there are some 'programs' the dems can find to help him out.

[GeronL]

boo-hoo. there. done. whiny liberal

[thomaswest]

Warren Buffett is surely going to heaven rich and famous beyond any posters here.

And in history as a free-enterprise icon. I am extremely happy with my trust in Buffett and my portfolio. Betting against poor performance is always a good bet.

All the rest is sour grapes.

[hedgie]

How can we sit idly by while this man and his giant company gets hammered for betting against Bush and the US currency?

I think the technical term in the currency derivatives business is:

BWAHAHAHAHAHA!

[cloud8]

Give me a ping if BRK-A goes below 88000.

[rahbert]

I thought from the title that a tornado hit
Reading or Basingstoke.. confusing.