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To: Arizona Carolyn
"That all goes to Obama's friends Buffett and Imelt... it's a follow bouncing ball scenario.. Buffett buys into GE, Imelt is added to Obama's economic team, GE makes the wind turbines......Buffett gets richer, Imelt saves his job with GE"

Yes - check out comment #22 here where I connected some disturbing dots back in October '08: Bill gives Paulson unprecedented power

9. Warren Buffet = major investor in Goldman Sachs for $5 billion (he said to Maria Bartiromo on CNBC that he would only have made investment if he knew a taxpayer bailout would be approved). He took perpetual preferred shares with a dividend yield of 10%, or $500 million a year. Those dividends take precedence over other payments to common shareholders. Seems like a sweet deal. Why didn’t Paulson consider this approach? Maybe because it doesn’t provide a door for his investment buddies to get their preferred shares, it only helps the taxpayer…?

10. Warren Buffet = insurance company investor (GEICO, General RE, etc.)

39 posted on 02/09/2009 8:52:10 AM PST by uncommonsense
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To: uncommonsense

and... none of that was illegal... IMHO there is no difference, however, than insider trading.


40 posted on 02/09/2009 12:44:05 PM PST by Arizona Carolyn
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