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Tag: Berkshire Hathaway

Truthdigger of the Week: David Cay Johnston

The dogged investigative reporter uses plain language to describe the congressionally prescribed byzantine tax schemes that cheat ordinary Americans to benefit financial elites.

Posted on Sep 12, 2014 READ MORE

Fortune Live Media (CC BY-ND 2.0)

Buffett Buys Newspapers, Bucks Dying Media Trend

The billionaire investor paid $142 million and offered hundreds of millions more in loans and credit to buy Media General, the owner of 63 local U.S. newspapers covering the American South.

Posted on May 17, 2012 READ MORE

Flickr / Wonderlane (CC-BY)

Buffett Pumps Up Bank of America

Warren Buffett’s company Berkshire Hathaway negotiated a $5 billion investment with Bank of America on Thursday, a vote of confidence in the recently ailing institution. (more) [Earlier Thursday, Truthdig erroneously reported the figure as $5 million.]

Posted on Aug 25, 2011 READ MORE

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