Warren Buffet is sharing the wealth
BRK.A fell to under $100,000
Buffet has had a liberal streak to him, backing Obama and speaking out against inherited wealth, etc. Just as in the Great Depression when rich men were tapped to help out in ailing businesses, and in almost fond memory of such, Buffet has helped prop up Goldman Sachs and General Electric.
Berkshire Hathaway also owns a good portion of American Express stock… and we have all heard how AmEx has just asked for bailout money to stay afloat.
Thank the Lord Mr. Buffet is there to voluntarily share his wealth. Now if the Treasury would just leave me and my relative pittance alone.