(The ‘Left’s favorite oligarch): Warren Buffett dumps IBM, boosts stakes in Monsanto and Teva Pharmacy
You have no idea how many arguments I’ve gotten into telling people this guy was, is, and ALWAYS WILL BE a snake. I’ve already explained his big tax scam:
The destroyer of the American educational system uses old Warren B. as ‘back up’ for his bullshit.The guy that brags he’s not leaving his kids a dime. Fucking old fraud. He’s doing better than that. He’s started foundations in his kids names and donated his STOCKS for their funding as well as to Bill & Melinda’s family slush fund. So right there old Warren ensures no taxes on the ‘transfer’ of those stocks to the kiddie’s & B&M’s foundations. But here’s the big pay-off. There’s no taxes if and when the stocks gain in value or are sold!! So technically it’s true, he didn’t leave his money to his kids. He did ‘em even better. He left them CONTROL without future tax liability. Pretty sweet, huh? That’s old Warren for you. He started out a corporate raider just like Romney was. But Buffet had and has a much better PR team.
Well here’s where he’s putting his money now:
Warren Buffett dumps IBM, boosts stakes in Monsanto and Teva Pharmaceuticals
Berkshire boosted its position in Monsanto by 62%, snapping up another 7.26 million shares of Monsanto. Berkshire last held 18.97 million shares of Monsanto.
Berkshire also added 21.6 million more shares of Teva Pharmaceuticals, bringing its entire stake to 40.54 million shares.
I’ve been posting quite a bit today. I swore I was done earlier but every time I see an article about this getiatric vulture it always sets me off. The old bastid doesn’t pay his fair share of taxes, he’s not a big giver to charity (other than certain ‘foundations’) and yet millions think he walks on water.
So I feel it is my duty to tell the world what a greedy old evil fuck he really is. And just for sport:
In December 2016, the attorneys general of 20 states filed a civil complaint accusing Teva Pharmaceutical of a coordinated scheme to artificially maintain high prices for a generic antibiotic and diabetes drug. The complaint alleged price collusion schemes between six pharmaceutical firms including informal gatherings, telephone calls, and text messages.
84. Thomas, Katie (2016-12-15). "20 States Accuse Generic Drug Companies of Price Fixing". The New York Times. Retrieved 2016-12-16.