Finding:

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   Warren Buffett

   Buffett favors the inheritance tax, saying that repealing it would be like "choosing the 2020 Olympic team by picking the eldest sons of the gold-medal winners in the 2000 Olympics". ... From a NY Times article: "I don't believe in dynastic wealth," [Warren Buffett] said, calling those who grow up in wealthy circumstances "members of the lucky sperm club."
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   Benjamin Graham

   According to Warren Buffett, Benjamin Graham said that he wished every day to do something foolish, something creative, and something generous. Warren Buffett said that Graham excelled most at the last.
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   Economic crisis of 2008

   In March 2008, Warren Buffett stated in a CNBC interview that by a "common sense definition", the U.S. economy is already in a recession. ... Standard & Poor's said on July 30, 2008 that 70,000 homeowners were in negative equity and it could rise to 1.7 million or about one in six homeowners in the UK based on an expected 17 percent decline into 2009.
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   Emergency Economic Stabilization Act of 2008

   Proponents of the bailout plan argued that the market intervention called for by the plan was vital to prevent further erosion of confidence in the U.S. credit markets and that failure to act could lead to an economic depression. ... Investor Warren Buffett says he could put in $10B plus $90B nonrecourse debt; that is, without having to repay beyond $10B if mortgages did not repay.
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   Proposed bailout of United States financial system

   Some economists have predicted that the bailout would cause hyperinflation and dollar collapse.Others have stated that the U.S. economy is at a tipping point and that the effect of not performing the financial rescue could be devastating. ... Investor Warren Buffett says he could put in $10B plus $90B nonrecourse debt; that is, without having to repay beyond $10B if mortgages did not repay.
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   Proposed bailout of United States financial system (2008)

   Just after midnight Sunday, September 28, leaders of the Senate and House, along with Treasury Secretary Paulson, announced a tentative deal had been reached to spend $700 Billion bailing out the U.S. financial markets. ... Investor Warren Buffett says he could put in $10B plus $90B nonrecourse debt (without having to repay beyond $10B, if mortgages did not repay.
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   Paulson financial rescue plan

   John McCain, U.S. Senator, Arizona ... Warren Buffett said he wholehearedly supported the plan.
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   Sam Nunn

   In an interview with CNBC on August 22, 2008, billionaire investor Warren Buffett said that he favored Nunn as Obama's choice for Vice President. ... Georgia (U.S. state) Democrats
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   June 2006 in the United States

   The world's second richest man, Warren Buffett, pledges to donate approximately $37 billion USD in shares to the Bill & Melinda Gates Foundation, effectively making it the largest charitable organization in history. ... A United States warship is reported to have shot down a missile in the Pacific, in a test of their now operational sea-based missile defense system.
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    Ajit Jain

    Jain working in Stamford, remains in close contact with Buffett, who said at a May 7, 2006 news conference, "I still do talk to him every day. ... According to Robert P. Miles' book The Warren Buffett CEO: Secrets from the Berkshire Hathaway Managers Jain said he would not have returned to America, but his wife wanted to move there.

Explore the following pages on Powerset:

• Warren Buffett,
• Benjamin Graham,
• Economic crisis of 2008,
• Emergency Economic Stabilization Act of 2008,
• Proposed bailout of United States financial system,
• Proposed bailout of United States financial system (2008),
• Paulson financial rescue plan,
• Sam Nunn,
• June 2006 in the United States,
• Ajit Jain