350.org / 1Sky, David Suzuki Foundation, Foundations, Greenpeace, Indigenous Environmental Network, Natural Resources Defense Council, Non-Profit Industrial Complex, Pacifism as Pathology, Pembina Institute, Rainforest Action Network (RAN), Sierra Club, Whiteness & Aversive Racism
April 12, 2013
Part one of an investigative report by Cory Morningstar
Gloat Like Rockefeller When Watching Trains
March 5, 2013: Buffett Says Gloat Like Rockefeller When Watching Trains
On Nov 3, 2009, Berkshire Hathaway, the investment vehicle of Warren Buffett, announced its plan to purchase the 77.4 percent of Burlington Northern Santa Fe (BNSF) that it did not already own for $26 billion in cash and stock – the largest deal in Berkshire history. The deal, which included Berkshire’s prior investment and the assumption of $10 billion in Burlington Northern debt, brought the total value to $44 billion. Buffett remarked it was a big bet on the United States.
It was TO be a bet that both President Barack Obama and Secretary of State, Hillary Clinton, would ensure he DID not lose.
“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”
– Warren Buffett →