Warren Buffet owns major stakes in 8 companies that took more than $100 billion in government bailouts.
Capitalist?
I don’t think so. He’s sucking off the public trough. Profiteering off of the hard work of regular Americans.
According to Rolf Winkler of Reuters:
Chart created by Rolfe Winkler, found at Barry Ritholz’s blog, The Big Picture
Warren Buffett is the chairman of Berkshire Hathaway Inc. and is one of the world’s wealthiest men. Buffett is known as “the Sage of Omaha” for his remarkable savvy in stock market legal investments and for the success of Berkshire Hathaway.