National News
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Trial Witness Says Buffett Was Told of General Re-AIG Deal
National News • February 7, 2008
A former top executive for General Reinsurance Corp. e-mailed billionaire investor Warren Buffett in 2000 about a reinsurance transaction with American International Group Inc. that triggered a ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Who's on first? | BILLYBOB | Feb 11, 2008, 4:53 pm |
| I told you so | Jim | Feb 8, 2008, 10:46 am |
| no motive | Mark | Feb 7, 2008, 3:43 pm |
| I'm with Slim | bob | Feb 7, 2008, 2:21 pm |
| Who's on first? | Scottsdale Slim | Feb 7, 2008, 1:07 pm |
| Back to article | ||
Subject: no motive
I would say that Buffett would have nothing to gain from a shady transaction. He sure doesn't seem to spend money. He gave most of his wealth away, so he likely could care less about making a few mil on a shady transaction. And, what does he have to prove? It's not like he'll get some sort of promotion for improving the financials of his company...