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I wonder if Buffett is for or against the keystone pipeline? After all he owns Burlington Northern Santa Fe Railroad. A pipeline would cut into all those profits from hauling crude oil out of North Dakota.
MTB's mortgage dep't never sold its mortgages they were kept in-house as they avoided the AIG and speculative stock losses with the bank's capital but its stock seems a little overpriced right now.....still pays a nice dividend though......MTB was solid throughout the banking crisis, and is an American company based (I think) in Rochester NY......I can see why Buffett held on to "empty
I guess I will have to agree with Fatty, SOME jealous forum morons and losers..
Buffet is pretty good at what he did, along with getting lucky to some extent...
But it took about 50-60 years, of work, planning, researching and investing...
His friend and cohort Charlie Munger, worked fairly hard to get where they are at.
Obama and guys like him, weren't really responsible for any of it...
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[BRIEFING.COM] In case anyone needed a reminder how beholden the stock market has gotten to the Fed keeping rates at the zero bound, they were offered one today when the major indices pretty much turned on a dime following a report out of The Wall Street Journal's Fed watcher, Jon Hilsenrath, that suggested the Fed may very well keep the "considerable period" language in tomorrow's directive.
Following the Fed is an exasperating study of semantics, yet no one but the Fed is to ... More
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