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How Buffett Uses the Media

Alex Constantine - May 1, 2009

" ... during a live interview on CNBC the same day, Buffett said “if Congress doesn’t approve the bailout plan soon, I will have done some dumb things.” He is basically saying he needs the bailout to rescue his investments (recall Buffett had recently bought large stakes in Goldman Sachs (GS) and General Electric (GE)). ... "

April 21, 2009

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