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And So The Billionaires Turn On Each Other - Sokol's Lawyer Accuses Buffett Of Lying

Submitted by Tyler Durden on 04/27/2011 20:39 -0400

And so the cannibalism at the very top begins. According to a statement just released by Barry Wm. Levine, attorney of David Sokol (who was slated to be the next head of Berkshire... until Berkshire decided to sue him that is), none other than the Octogenarian (soon possibly the Outcast) of Omaha was in fact lying, and arguably committing 10(b)-5 fraud by not disclosing the full details of his and Sokol's involvement in the situation in the Lubrizol proxy. To wit: "Mr. Buffett was told twice, not once, about Mr. Sokol’s ownership of
Lubrizol stock before Mr. Buffett engaged in any discussions with
Lubrizol." And we personally can't wait for Munger to be the next fall guy: we are confident that Charlie will suck it in, like every other good citizen who benefited from the infinite taxpayer largesse. Grab the popcorn - it's dirty laundry "on the record" time.

Full statement of Barry Wm. Levine, attorney for David Sokol

I am profoundly disappointed that the Audit Committee of Berkshire Hathaway would authorize the issuance of its report to the public without the care and decency to ask even a single question of Mr. Sokol. Mr. Sokol had been associated with the Berkshire Hathaway companies for 11 years. During this time, his indefatigable efforts helped create enormous value for the Berkshire shareholders. He deserved better. While I take issue with much of the Committee’s report, I briefly make the following points. If the Audit Committee had asked, it would have learned that:

Mr. Sokol had been studying Lubrizol for personal investment since the summer of 2010; such investments are specifically allowed by his employment agreement.
Mr. Buffett was told twice, not once, about Mr. Sokol’s ownership of Lubrizol stock before Mr. Buffett engaged in any discussions with Lubrizol.
Contrary to the Audit Committee’s statement, Mr. Sokol’s Lubrizol shares were not acquired pursuant to a “100,000 limit order.” Rather, they were purchased as a result of several limit orders, over a period of days, at specified prices, for the day only, in order to acquire the stock at low prices. At that time, Mr. Sokol had no reason to anticipate that Mr. Buffett would have any interest whatsoever in Lubrizol.

I have known Mr. Sokol and have represented his companies in business litigation since the mid 1980s. I know him to be a man of uncommon rectitude and probity. He would not, and did not, trade improperly, nor did he violate any fair reading of the Berkshire Hathaway policies.

- advertisements -

Wed, 04/27/2011 - 20:44 | 1214348 Xibalba

How deep does this go?

Wed, 04/27/2011 - 21:22 | 1214481 anynonmous

why do you think Eddy as Beck likes to call him, kept Suckhole around?

Wed, 04/27/2011 - 23:27 | 1214760 redpill

"indefatigable efforts"

I think if anyone used that terminology in front of me I would be obliged to punch them in the face on principle alone.

Thu, 04/28/2011 - 04:42 | 1215027 Comrade Blink

"He would not, and did not, trade improperly"....

Oh, so Queensbury rules apply to trading, no more of this gloves off nonsense, thank you.

Wed, 04/27/2011 - 21:25 | 1214497 traderjoe

The fraud and lies go all the way to the top and the bottom. Lies covering up lies.

Thu, 04/28/2011 - 02:59 | 1214946 Michael

OT or not

Stanley Ann Dunham (November 29, 1942 – November 7, 1995),

Barack Hussein Obama conceived November 4 1960 (or there abouts) to Stanley Ann Dunham (9 months prior to the birth) who was 17 years 11 months and 6 days at the time.

At the age of 23, Obama Sr. had come to Hawaii to pursue his education, leaving behind a pregnant wife and infant son in his home town of Nyang’oma Kogelo in Kenya. Dunham and Obama Sr. were married on the Hawaiian island of Maui on February 2, 1961, despite parental opposition from both families.

Dunham and Obama Sr. were married on the Hawaiian island of Maui on February 2, 1961 and 6 months later B. H. Obama was born.

It seems Obama's father was a bigamist/rapist and Obama was conceived out of wedlock to a bigamist father.

3 months after they found out Stanley was pregnant, the two wed.

Did the birth of Obama go full term or late as with first pregnancies, making Stanley NOT of legal age to have sex with the father, and making sex with the bigamist father actually rape, or was the mother a sacrificial lamb for future preplanned occurrences?

See the newly presented birth certificate here;

http://www.huffingtonpost.com/2011/04/27/obama-birth-certificate-r_n_854248.html#comments

P.S.

B.O. and Rham Emanuel were members of the same gay bath house in Chicago.

Obama: Gay Sex, Lies, Murder and Blackmail - Wayne Madsen Reports

http://www.youtube.com/watch?v=2FIptCAkrcc

It has become quite apparent this guy Obama is just a pre-manufactured plant by the PTB to do with as they will.

Thu, 04/28/2011 - 07:02 | 1215133 Waterfallsparkles

Good point. I also thought she was under 18 when he was born. Would that have made a difference in Citizenship? It also does make you wonder if the Marriage was legal, if he was already Married. So many questions.

Thu, 04/28/2011 - 07:17 | 1215146 prophet

Yes, it has. In fact it has been apparent from the start. Just like the recovering alcoholic and failed businessman before him.

Thu, 04/28/2011 - 07:51 | 1215191 oogs66

If I apply for a driver's license, I have to bring proof of who I am. If you run for president, isn't there some group that you have to bring your identification to and have them validate that you qualify to run? Its clear what qualifications you need, isn't there a standards board or something that verifies the candidates meet the criteria?

Wed, 04/27/2011 - 21:43 | 1214536 Twindrives

Get ready to suck it up Charlie Munger, you sorry piece of shit excuse for a human being. Suck it up you old goat.

Wed, 04/27/2011 - 21:48 | 1214545 Akrunner907

I think I would be a little worried if I was a Calss A shareholder.

Wed, 04/27/2011 - 21:56 | 1214558 Zero Govt

the only ones not worried, and the only winners here, will be the Lawyers stoking the furnaces at both ends (an unwritten law of co-conspiracy between 'competing' legal firms)

....2 multi-millionaires to milk, i'd be surprised if Obumma doesn't drop the Presidency for a short holiday and want 'in' on this gravy train!

Wed, 04/27/2011 - 22:15 | 1214608 WestVillageIdiot

Is it wrong for this one time to be rooting for the lawyers? I actually hope they bleed these d-bags dry and then leave them bleeding in a gutter in Harlem.

Thu, 04/28/2011 - 00:34 | 1214860 knukles

Actually, might it just not be in either version of the affair that the 10(b)-5 filing might have been fraudlent?

Thu, 04/28/2011 - 01:01 | 1214889 Michael

When billionaires collide, all hell breaks lose. We're talking super mega egos here.

Collide: Howie Day;

http://www.youtube.com/watch?v=91mTH0ROqno&feature=related

Thu, 04/28/2011 - 08:18 | 1215242 BrobamaReds

Very strange, usually the billionaires get along with each other, it's the millionaries that generally fight with each other - very interesting development.

Wed, 04/27/2011 - 20:46 | 1214358 Bastiat

So the rats rip each others bellies open.

Wed, 04/27/2011 - 22:20 | 1214613 WestVillageIdiot

Like Larry Wildman driving off a cliff in my brand new Maserati. Let the rats rip each other's faces off. Even Winston Smith would love watching these rats tear each other apart. Better yet put the rat mask on Buffet and Munger. They can meet in a place where there is no darkness.

Wed, 04/27/2011 - 23:00 | 1214708 Terminus C

+1984

Wed, 04/27/2011 - 20:48 | 1214366 Ned Zeppelin

Like I said earlier today, now the greedy bastards will turn on each other like starving curs. There is no other conclusion but that Sokol grossly abused his position at Berkshire, but he couldn't resist the temptation to make a few bucks, and this will become a bigger problem in time. The Octogenarian will look like an idiot befroe this is over. Time to retire, grandpa, and by the way, Bill needs the money sooner rather than later for the Gates Foundation so please do us the favor of keeling over under the stress.

If you didn't have his avuncular act figured out by now as a mask for an unrepentant greedy as hell billionaire intent on making money at all costs (including the taxpayers, just another mark) you are late to the party.

Wed, 04/27/2011 - 22:24 | 1214624 WestVillageIdiot

No shit. Have one last "quickie" with that bird faced skank from CNBC and then just fucking die already. It will feel as good for all of us as the day that the lip quivering fuck named Arafat died.

Thu, 04/28/2011 - 06:29 | 1215102 onthesquare

But think about the eulogies at the funeral.

Bla bla great man.

Bla bla leader of men.

Bla bla financial genius.

feel sick yet?

Wed, 04/27/2011 - 20:46 | 1214371 High Wire

So the masses finally have so little that we are no longer of interest.

Wed, 04/27/2011 - 20:46 | 1214372 CrashisOptimistic

The good news is that at $113.60 WTI, the food trucks won't be delivering food to grocery stores in either of these guys' neighborhoods much longer.

They'll probably only discover that the Great Equalizer has arrived when they can't get fuel for their Netjets timeshare.

Wed, 04/27/2011 - 20:50 | 1214380 JLee2027

"The Outcast of Omaha", lol.

Wed, 04/27/2011 - 20:48 | 1214382 FunkyMonkeyBoy

Bunch of insider dealing scumbags.

Wed, 04/27/2011 - 20:50 | 1214384 Cognitive Dissonance

Oh good. A (pussy) cat fight.

My money is on Buffett on the right. He's doing God's charity work after all.

Wed, 04/27/2011 - 21:06 | 1214437 PY-129-20

My cat accidentally junked you. At least, find a picture with fighting squids - that would fit in this cthulhu-like nightmare...

Wed, 04/27/2011 - 21:34 | 1214516 SWRichmond

I think it's time for some ninjy whompin' action.

http://www.youtube.com/watch?v=x2U-ZQMf56I

Wed, 04/27/2011 - 22:22 | 1214629 Cognitive Dissonance

Clearly the humor was lost in translation. By using the tiny little cats I was implying.........never mind.

WB7 does the squids around here. It's his trademark and I don't want to pay royalties.

Wed, 04/27/2011 - 22:32 | 1214640 blunderdog

caption: "Dammit women, quit yer bitchin!"

Thu, 04/28/2011 - 02:43 | 1214966 wisefool

And on the next level of truth. When the aliens dig up the hard drives from earth they will associate the initials WB with bonzai and Warren Buffet with a nacho cheese buffet a.k.a. the last tax code.

Thu, 04/28/2011 - 03:00 | 1214983 e_goldstein

cunts. all seven of them...

Thu, 04/28/2011 - 07:34 | 1215169 Overflow-admin

Don't tell The name...

Wed, 04/27/2011 - 22:50 | 1214687 Dr. Porkchop

Now now girls, control yourselves... this isn't very ladylike.

Thu, 04/28/2011 - 00:40 | 1214865 Arkadaba

Hey

Dr. Ham, I remember that I suggested that the election might get interesting....hmmm .... maybe I was correct.

Not sure what the caption should be but if it has anything to do with banning royal weddings - please !!!!!

Thu, 04/28/2011 - 02:35 | 1214954 MayIMommaDogFac...

MayIMommaDogFace2theBananaPatch's picture

My money is on Buffett on the right.

Is that static electricity on your tail, or are you just glad to see me? 8-\

Wed, 04/27/2011 - 20:53 | 1214388 Dr. Gonzo

Fight motherfuckers! Destroy each other.

Wed, 04/27/2011 - 20:51 | 1214392 TheGreatPonzi

Daily I become more convinced that the whole "Warren Buffet" story is a scam, a story entirely made by the ruling elite to direct the sheeple into stocks at the height of a credit cycle and absolute confidence in fiat money, "because it's how Warren became rich".

His close relations with Goldman Sachs and Obama are more than suspicious, when you know that to be in close contact with the mafia, you need to be part of it.

Wed, 04/27/2011 - 20:58 | 1214414 Hedgetard55

+55

I'm devastated to realize he is just one more inside info/frontrunner/scam artist and not the once in a generation investment genius I believed.

/s/

Wed, 04/27/2011 - 21:33 | 1214512 traderjoe

I agree with the above. I wonder when it turned. Probabilities suggest there will always be someone that has huge returns. But obviously at some point he became a shill/tool...

Thu, 04/28/2011 - 07:58 | 1215205 oogs66

Buffet ceased to be an 'investor' a long time ago. His returns over the last 20 years are based on the fact that:

1) he could talk his positions up, with the media and his followers basically begging him to front run them

2) he could say one thing and do the opposite with impunity (derivatives for exmaple)

3) he could demand first look on deals and demand exclusives (goldman preferred)

4) that he could play accounting games and no one would dig deeper (he uses every accounting trick in his book to make earnings look high and stable)

Wed, 04/27/2011 - 21:49 | 1214550 Twindrives

Warren (Orifice of Omaha) Buffet, Barry (Kenyan) Soetoro, .....both frauds, liars, thieves.

Wed, 04/27/2011 - 22:27 | 1214632 WestVillageIdiot

+ 1961

Buffet's actions are as genuine as that "Birther Certificate" they put out today. I thought William Banzai did better work than that shit job.

Wed, 04/27/2011 - 23:42 | 1214785 Bastiat

No kidding -- how about the embedded Adobe Illustrator stuff in that pdf? Either done by an idiot or a sabateur.

Thu, 04/28/2011 - 00:45 | 1214866 knukles

Pontificates upon the evil of instruments of mass destruction, some time later revealing he's up to his eyeballs in derivatives.
Pontificates upon the evils of clarity, honesty, transparency, God, truth, justice and the American way, and some time later has egregious violations within his senior ranks.
Pontificates upon the good, old fashioned,solid, hard working way to make honest money and invests in the likes of Salomon and Goldman.
Pontificates upon value investing when most entities are well protected within captured regulatory environments....
Just wonderin'....

Thu, 04/28/2011 - 06:36 | 1215107 onthesquare

I believe the word is ponzificates

Thu, 04/28/2011 - 08:00 | 1215208 oogs66

Yeah, the poster child of the 'anti-derivative' movement is a huge user - directly in berkshire and Gen Re, and certainly indirectly through goldman

Wed, 04/27/2011 - 20:53 | 1214393 SWRichmond

http://www.youtube.com/watch?v=CUflIrTSwK8&feature=related

But now
We're today's scrambled creatures, locked in tomorrow's double feature
Heaven's on the pillow, its silence competes with hell
It's a twenty-four hour service, guaranteed to make you tell
And the streets are full of press men
Bent on getting hung and buried
And the legendary curtains are drawn 'round Baby Bankrupt
Who sucks you while you're sleeping
It's the theater of financiers
Count them, fifteen 'round a table
White and dressed to kill

Oh caress yourself, my juicy
For my hands have all but withered
Oh dress yourself my urchin one, for I hear them on the stairs
Because of all we've seen, because of all we've said
We are the dead
We are the dead
We are the dead

Wed, 04/27/2011 - 20:57 | 1214403 SWRichmond

P.S.: Bucky is taking a serious dive today, and the dive seems to be continuing, making a run at 73 right now.

Wed, 04/27/2011 - 22:07 | 1214583 Id fight Gandhi

That old relic the dollar? Pfft. Amazon and chipole stock is what's real money.

Wed, 04/27/2011 - 20:55 | 1214395 GoldmanSux

What are the Berkshire policies? Let's see them.

Wed, 04/27/2011 - 20:56 | 1214408 buzzsaw99

the orifice of omaha is dirty

Thu, 04/28/2011 - 05:21 | 1215048 Escapeclaws

Love your wit, eg, "I sense a disturbance in the farce."

Wed, 04/27/2011 - 20:59 | 1214411 carbonmutant

Was Buffet expecting Sokol to share a piece of his profits?

Wed, 04/27/2011 - 21:03 | 1214420 nah

liars callin liars liars

Wed, 04/27/2011 - 21:00 | 1214421 FunkyMonkeyBoy

Sorry, off topic, but could someone please explain:

I thought the U.S. economy couldn't handle oil over $90 a barrel? Well?

When is the high oil cost actually going to start hurting company earnings? Well?

Wed, 04/27/2011 - 21:09 | 1214449 TheGreatPonzi

It's already killing the economy. Just because the mainstream medias -- and even Zerohedge -- don't make a follow-up on the story does not mean it has no effects.

-$100 billion in GDP for every +$1 in WTI.

Wed, 04/27/2011 - 21:16 | 1214470 Bubbles...bubbl...

Or 0% real GDP growth for 2011.

Wed, 04/27/2011 - 21:23 | 1214491 Caviar Emptor

+1. The reports are now trickling in as earnings season unfolds. And this isn't even the first quarter where rising inputs were flagged by major companies. But this quarter some key industries are being open about the squeeze on margins: restaurants, consumer staples and transportation. One key thing to keep in mind: oil is the equalizer in that multinationals will feel it no matter where they offshore their jobs and plants. No where to hide.

Wed, 04/27/2011 - 22:34 | 1214652 disabledvet

really? ya think? i mean "i hear noise on the background CNBC set sometimes" but never a word on the front pages of the...news....

Wed, 04/27/2011 - 21:34 | 1214508 anynonmous

lag relates to the post office i.e. credit card bills only now being delivered

Wed, 04/27/2011 - 21:41 | 1214530 Bringin It

THe price per barrel takes a while to filter thru to the pumps. I understand it's about a 4 month delay. June looks on schedule for a lot of wailing and gnashing of teeth.

Wed, 04/27/2011 - 22:54 | 1214689 magis00

No shit? You have been my "something learned" for the day. Well, I guess that's not true. But probably the biggest visceral reaction, anyway ... like that's a big deal. What the fuck? I'm going to bed.

Thu, 04/28/2011 - 00:54 | 1214880 knukles

Lots of reports surfacing regarding margin compression, of which energy is a significant consideration. Remember, there are several lags in the chain from raw materials price increases flowing through intermediate goods, compressing margins, flowingthrough to finished goods. Plus, the inflation data we've seen are lower than "reality", as per composition (weights) of factor inputs, so the lagged effect may well be not only lagging, but larger than expected.

Similarly, it is difficult to buy (personal opinion) the line that price increases are temporary in nature. Energy is scarce if only for MENA disruptions, domestic production constraints from the supply side, and massive monetary stimulus, falling dollar (boosting import prices) as well as numerous shortages of foodstuffs such as corn diversion to ethanol and Japanese crop retardation via salt water and radiation problems.
Just to mention a few.

Indeed, seems at this moment to be the perfect storm of rapid price increases being supported systematically.
The compression will come, and probably damned hard.

Wed, 04/27/2011 - 21:10 | 1214441 serotonindumptruck

Many of these billionaires (Gates, Rockefeller, et al) are apparently gathered together in India.

Hmm...I wonder why? Could it have something to do with "Comet ELEnin"?

NASA has acknowledged the existence of this incoming celestial body. The increased seismic activity around the world is not a coincidence.

It is time for the human race to reflect, and comprehend the inconceivable.

Research "Comet Elenin" and "Extinction Level Event" and you may become MUCH more aware than you already are.

Wed, 04/27/2011 - 21:38 | 1214521 anynonmous

Five-in-one vaccine to be introduced soon

NEW DELHI: After years of discussion and a recent promise to Bill Gates, India is now rolling out the country's first pentavalent vaccine.

http://articles.timesofindia.indiatimes.com/2011-04-26/india/29474574_1_...

http://www.youtube.com/watch?v=syHdzFVaSz8

Wed, 04/27/2011 - 22:44 | 1214675 Holodomor2012

1 of the 5 is to protect against spermatozoa.

Thu, 04/28/2011 - 02:52 | 1214968 MayIMommaDogFac...

LMAO...and saddened too.

Wed, 04/27/2011 - 23:23 | 1214743 1fortheroad

Yep,it kills one out of five babys but saves lifes.

Wed, 04/27/2011 - 23:53 | 1214801 Blanche DuBois

Thank You, Serotonin Dumptruck, for the info...

Thu, 04/28/2011 - 05:24 | 1215051 Escapeclaws

Can you post something that proves that NASA has acknowledged the existence of a large celestial body paying us a visit? Maybe they acknowledged that small meteors regularly strike the earth. My understanding is that El Enino is coming at the same time the Mayans predict a large solar flare and others predict the flying saucers are landing. 2012 should be quite an eventful year.

Thu, 04/28/2011 - 07:04 | 1215135 Bitch Tits

Reality check.

http://news.discovery.com/space/will-earthbound-comet-fulfill-2012-proph...

Thu, 04/28/2011 - 07:13 | 1215141 i-dog

For fuck's sake...it's going to miss us by about 14 million miles (about 60 times further away than the moon)!!!!!!

Wed, 04/27/2011 - 21:17 | 1214472 lolmao500

That piece of shit needs to go down!

Wed, 04/27/2011 - 21:26 | 1214475 bob_dabolina

lol.

"Mr. Sokol had been associated with the Berkshire Hathaway companies for 11 years."

...and this was the first instance of impropriety I'm sure. Don't forget he's been groomed by the master fleecer himself.

My bet is on nothing happening to Buffet/Munger, he's tied into the Obama regime...where if Black Panthers intimidating voters at the polls can get off, Buffet/Munger will have not a lick of trouble.

btw, I thought of something funny while composing this post; buffetmunger. It has that insulting connotation to it doesn't it? Like, if someone strolled up on you and said "Your moms a buffetmunger" you might have to cut a bitch and watch him bleed.

buttholemuncher....that's how that posse should be referred to as.

Wed, 04/27/2011 - 21:20 | 1214476 Smokey1

Buffett is a whore. When this American ponzi collapses, I hope he and Munger are dumpster diving. WEB eats shit.

Wed, 04/27/2011 - 21:19 | 1214479 williambanzai7

Wed, 04/27/2011 - 21:37 | 1214507 bob_dabolina

His hands are placed like he his handling Becky Quicks lower torso; face says the rest.

Have some coke (kizzy for your nizzy) with that cheeseburger (Ms. Quick)....

Wed, 04/27/2011 - 22:36 | 1214655 disabledvet

may all us men still be that way...dare i finish?

Wed, 04/27/2011 - 21:26 | 1214494 buzzsaw99

Free and fair markets bitchez.

Wed, 04/27/2011 - 21:30 | 1214500 Caviar Emptor

It sucks being a billionaire if all the rules are now going to be enforced. Used to be understood that boys will be boys.

Wed, 04/27/2011 - 22:04 | 1214579 serotonindumptruck

Yes, and shit drops out of their ass just like it does ours. They are no better than the rest of us.

Wed, 04/27/2011 - 22:40 | 1214661 disabledvet

there appears to be a missprint in this headline. "Sokol is a billionaire." Or did i miss something?

Wed, 04/27/2011 - 21:28 | 1214503 Atomizer

Grandpa, what's going on? All my good bedtime stories now appear to be scary. Pulls my blankey tightly over my head.

KoRn> Its All in the Family

http://www.youtube.com/watch?v=cPeCklY7n6Y

Wed, 04/27/2011 - 22:07 | 1214587 serotonindumptruck

I enjoyed the honor of joining a mosh-pit to that tune back in '98.

Wed, 04/27/2011 - 22:42 | 1214666 disabledvet

i moshed in '94. "Athens" of all places. That would not be Greece of course. Barely made it back to Basic--and not in one piece i might add. The thougth did occur "i could fail this Basic thing."

Thu, 04/28/2011 - 01:05 | 1214891 Bolweevil

The Warfield in SF in the 90's (blurry). Kids sure get excited on Korn.

Thu, 04/28/2011 - 01:03 | 1214892 Jab Cross Hook

Leave during basic? Semper Fi, army.

Wed, 04/27/2011 - 21:35 | 1214517 americanspirit

Warren is a fraud. Sokol is a fraud. They deserve each other. Let them die alone in each other's arms. In 100 years they will be tiny footnotes.

Wed, 04/27/2011 - 21:38 | 1214523 Eireann go Brach

Not sure who is more scum of the earth, the bankers or the attorneys!

Wed, 04/27/2011 - 22:41 | 1214672 disabledvet

If you asked Warren I bet you he wouldn't even hesitate on that one. "True love" indeed.

Wed, 04/27/2011 - 21:41 | 1214529 tmftdoyle

The octogenarian is the best insider trader in the world. His beef is that someone is now frontrunning him, not the someone is breaking the law. As Don Corleone said, "as best is if your interests don't interfere with my interests".

Wed, 04/27/2011 - 22:35 | 1214651 Bicycle Repairman

“It's gettin' so a businessman can't expect no return from a fixed fight. Now, if you can't trust a fix, what can you trust? For a good return, you gotta go bettin' on chance and then you're back with anarchy, right back in the jungle.” - Johnny Caspar

Wed, 04/27/2011 - 21:52 | 1214553 anynonmous

During this time, his indefatigable efforts helped create enormous value for the Berkshire shareholders.

Definition: indefatigable

in·de·fat·i·ga·ble

–adjective

incapable of being tired out; not yielding to fatigue; untiring.

usage/quotations:

" What makes this Generation of Vermin so very Prolifick, is the indefatigable Diligence with which they apply themselves to their Business. A Man does not undergo more watchings and fatigues in a Campaign, than in the Course of a vicious Amour. As it is said of some Men, that they make their Business their Pleasure, these Sons of Darkness may be said to make their Pleasure their Business. They might conquer their corrupt Inclinations with half the Pains they are at in gratifying them."

http://bit.ly/jmdVnp

Wed, 04/27/2011 - 21:50 | 1214554 blunderdog

"Probity" and "rectitude" makes me think of something else.

Wed, 04/27/2011 - 21:56 | 1214570 Dubya3

CNBC should really do a hard hitting investigation on this story tomorrow morning.

Wed, 04/27/2011 - 22:33 | 1214643 WestVillageIdiot

Becky can't talk. Her mouth is full.

Wed, 04/27/2011 - 22:03 | 1214575 Landrew

Ever notice Buffet and Mr. Potter (it's a wonderful life) are never in the same room?

Wed, 04/27/2011 - 22:07 | 1214588 AldousHuxley

Warren Buffett has a huge tax liability.

His non-profit transfer to BillG is tax dodging scam.

Buffet's father is a professional liar....aka. politician.

He says he believes in America, but his largest bet is on railroads....meaning he thinks America's future is in exporting natural resources like Africa.

Despite his flaws, lack of ostentiousness keeps his investments aiming for humble growth and his hedge fund never blew up unlike arrogant youngsters on wall st.

Wed, 04/27/2011 - 22:10 | 1214593 Landrew

Why does Krasting keep posting here? He has a hatred of anyone not in the 1%, especially anyone who works for a living. He keeps coming back time and again like Mr. Potters wheel chair guy servant.

Wed, 04/27/2011 - 22:33 | 1214623 Atomizer

Grandpa & Mr. Obama had a true vision in building high speed railroads. Can't understand why this vision doesn't connect in America.

http://1.bp.blogspot.com/_xbLju8AmtBs/TNKIkr0WCBI/AAAAAAAAAMY/MY7Oi-5DyDM/s1600/Indian+Railway.jpg

Wed, 04/27/2011 - 22:33 | 1214645 kito

you all sound like a bunch of whining socialists with deep rooted envy!!

Wed, 04/27/2011 - 22:32 | 1214649 WestVillageIdiot

It's good to see Joe Kernan make an appearance on this board. Why don't you do something about that fucking gap in your teeth?

Wed, 04/27/2011 - 22:39 | 1214658 Atomizer

In a bold move today our fearless leader Barack Hussein Obama announced that henceforth he will "Lead From Behind" in conflicts abroad that our glorious military forces engage in. The future recipients of our smart bombs will no longer connect us with the high explosives and napalm that we drop on them, and instead assume, because we are now in the background and waving just a small flag, that it is really the British and the French that are responsible for their misery. This should cut down on terrorist acts against us and restore our tarnished reputation which Bush-Hitler destroyed. The only bug that still needs to be worked out in this brilliant strategy is the apparent conflict between "Lead from Behind" and traditional, strategic, "French Retreat".

http://thepeoplescube.com/peoples-blog/brilliant-new-lead-from-behind-tactic-t7126.html

No comment needed. The proles will take cover when the light switch is engaged.

Wed, 04/27/2011 - 22:41 | 1214654 Demogorgon

Go! If I have to live through this ultimate fiat collapse, at least I can enjoy watching the pigs eat the pigs. Although, come to think of it, what a shit consolation prize.

Wed, 04/27/2011 - 22:43 | 1214671 tslv50

Anyone going to the shareholder meeting? That should be alot of fun. Some fun questions to ask: Why the hell did you sell that silver? Are goldbugs still jerks? Why didn't you outpreform any of the stock indexes? When should we start panic selling BRK.A for silver?

Wed, 04/27/2011 - 23:31 | 1214765 Freddie

All the buffett shareholders kiss his a*s. He could bring 2 shareholders on stage, shoot them and the rest would applaud.

Wed, 04/27/2011 - 22:57 | 1214706 Re-Discovery

BREAKING NEWS!!!!!!

http://www.bloomberg.com/news/2011-04-28/japan-s-industrial-output-plunges-15-3-as-record-quake-disrupts-supplies.html

Truly Shocking. How can this be?

(Ok. Back to posting on silver)

Wed, 04/27/2011 - 23:31 | 1214767 disabledvet

but i see no news of Fukushima on any of the financial networks. i don't understand? wasn't there a report of "radiation spiking to all time highs" just yesterday?

Wed, 04/27/2011 - 23:01 | 1214710 Tense INDIAN