Monday, April 06, 2009

Warren Buffett Profits Heavily from TARP funds



Buffett endorsed Barack Obama for President last year, and Obama tapped Buffett to be a member of the candidate's economic team. Obama requently referred to Buffett's endorsement during the campaign as proof that he had the capability to deal with the troubled US economy.

Buffett's holding company, Berkshire Hathaway, profited from TARP in several ways according the the Bee story

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