Berkshire Hathaway's Warren Buffett is pictured in the audience as U.S. President Barack Obama addresses the 2010 Fortune Most Powerful Women Summit in Washington, October 5, 2010. REUTERS/Jason Reed
Posted on 11/17/2010 11:41:33 AM PST by NormsRevenge
WASHINGTON (Reuters) – President Barack Obama will name Warren Buffet as one of fifteen winners of the 2010 Medal of Freedom, a White House official said on Wednesday.
Buffet, one of the world's most successful investors who has donated a vast chunk of his multibillion dollar fortune to charity, will receive the medal at a White House ceremony early next year. ..
Buffet is one of Obama's closest defenders in the business community..
(Excerpt) Read more at news.yahoo.com ...
Must be the outstanding job Moody’s has done this past decade.
earlier today
Warren Buffett praises bailout efforts: report
http://news.yahoo.com/s/nm/us_buffett_letter
BANGALORE (Reuters) – Warren Buffett praised the U.S. government’s efforts to bail out the economy during the financial crisis two years ago, preventing an economic collapse.
In a letter published by the New York Times, Buffett wrote that all corporate America’s dominoes were lined up and were ready to topple at lightning speed in the aftermath of Lehman Brothers bankruptcy in September 2008.
:-}
A great businessman and a lover of federal handouts that go to Warren Edward Buffett.
Medal of Freedom payback for Buffett’s endorsement of ending tax cuts for the “wealthy”?
Berkshire Hathaway's Warren Buffett is pictured in the audience as U.S. President Barack Obama addresses the 2010 Fortune Most Powerful Women Summit in Washington, October 5, 2010. REUTERS/Jason Reed
Warren Buffett (left) and Bill Gates celebrate the nationwide launch of Chinese electric vehicle BYD M6 in Beijing last month. Chinese authorities have agreed to promote electric cars to address the country's intensifying energy and pollution concerns, as auto sales surge, an official says. (AFP/File/Frederic J. Brown)
Waiting for the headline:
“Obama Awards Self With Medal Of Freedom”.
That does explain today’s big sloppy wet kiss to the administration, doesn’t it?
“.....Buffet, one of the world’s most successful investors who has donated a vast chunk of his multibillion dollar fortune to charity”
...I thought that was to happen when he dies...I’m pretty ssure that the stuff that he’s done while he’s alive has gone to world population control efforts....I’d like to know the American charities he supports.
Soros will pin it on...
.
$5 Billion profit on Buffett’s highly-publicized investment in Goldman Sachs, after he knew the Gov’t was going to bail them all out anyway, should be reward enough
Crook.
He owned 20 percent of Moody’s when it was laundering BBB rated mortgage bonds into AAA rated asset backed securities.
They were using average FICO scores to rate the mortgages. Problem was they were using thin-file scores to fix the scores. Thus a $14,000 a year strawberry picker could have a FICO score of 650. Since he had no debt, and never been delinquent, there was no file.
Buffett made money off the fees Moody’s was taking for the laundering, and then made money off of Goldman for their bridge loan.
He’s a kindly, lying, asshole. Were he Japanese, he’d have had a sword in his belly for causing the downfall of the modern capitalist system.
Moody’s, S&P, and Fitch was the cog in the system that failed the market. Goldman? They are the crooks - plain and simple. There shouldn’t be a Goldman Sachs today.
correction: BBB rated mortgages into AAA rated mortgage-backed securities.
Just gotta love those Liberal Tax dodging Billionaires telling us to pay more taxes while they hide their income in Foundations to pass onto generations.
Dear Uncle (Sam) Sucker (the facts on Warren Buffett’s Op-Ed in NYT)
http://www.freerepublic.com/focus/bloggers/2628631/posts?page=1
No doubt this dude has other homes around the world... probably not humble either.
Does Buffet really spend 365 days a year (or anything close to 365) in that house in Omaha?
Call me pessimistic, fine... but I have this feeling this dude is another do as I say, not as I do type (just like the Pelosi's/Reid's/Obama's of the world).
I’m embarrassed that he refers to Nebraska as “home”.
No, he doesn’t stay in Omaha. And the truth is he hasn’t done anything noteworthy in his profession in a couple of decades. He’s been riding his rep.
What a cheep shot, JW!
I thought you could attack him for the lack of patriotism, for his socialist leanings, for his overt support of Obama even after the latter's anti-business policies were revealed --- for many things, but not for the limited state of the art that manifested itself in a company comprising but a small portion of his portfolio. Cheep, snooty and lacking foundation in fact.
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