Back in 1991, Wall Street firm Salomon Brothers was in serious trouble over a bond-rigging scandal. Warren Buffett took over as chairman and CEO for an annual salary of $1. This was the opening statement he gave to Congress.
Anyone else from the Keys going to Omaha for the Berkshire annual meeting this weekend?
Earlier today Warren Buffett called his buying of railroad operator Burlington Northern an “all-in wager on the economic future of the United States. I love these bets.”
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