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langostino

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langostino

Re: langostino post# 597743

Monday, 09/15/2008 1:13:52 PM

Monday, September 15, 2008 1:13:52 PM

Post# of 704019
One other thing on AIG ...

Week before last, Bill Gates' foundation reported a big AIG buy in its SEC filings. When it comes to money and investing, Gates and his people don't do anything big without conferring with his buddy Warren Buffet. I would imagine this is most especially true when it comes to buying a big chunk of share in an insurance company.

Will be very interesting to see the next set of SEC filings for Gates and Buffett/Berkshire to see whether they reversed course, or whether they stepped in as big buyers in the wake of this panic.
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