Monday, November 9, 2009

Buffets' Bailouts


I had lunch last week with Rolfe Winkler, who is an up and comer in the blog world, a thinking man’s Felix Salmon.

He is similarly annoyed with St. Warren — but rather than engage in my sophmoric venom spew, he went to the spreadsheet to discover that Buffet owns major stakes in 8 companies that have received more than $100 billion in government bailouts.

Capitalist? Hardly. Sounds more like just another crony to me.

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