LYCOS RETRIEVER 
Warren Buffett: New York
built 606 days ago
Buffett and his personal newspaper agent from Omaha, Stanford Lipsey, sought to gain a monopoly on newspapers in the city of Buffalo. He made no secret that challenging the Buffalo Courier-Express's right to control publication of a Sunday edition would inevitably cause that paper's demise. The Sunday edition was the lifeblood of the Courier, a morning paper. The Buffalo Evening News was constrained as an evening paper with no Sunday edition. The message Buffett gave to the unions at both papers was that their influence and numbers were to be severely curtailed and that their best interests would be served by agreeing to publication of a weekend edition by the Evening News. The unions understood their position, and the collapse of the Courier soon followed.
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NEW YORK (Reuters) - Shares in Washington Mutual (NYSE:WM - News), the largest U.S. savings and loan, rose more than 12 percent on Tuesday amid speculation of a possible capital infusion by Goldman Sachs (NYSE:GS - News) or Warren Buffett. Goldman Sachs
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Buffett, through Berkshire Hathaway... owns insurance companies like Geico and General Re that generate substantial free cash flow relative to the company's price. These companies are a source of funds that he then allocates to Berkshire Hathaway's subsidiaries and uses to acquire new companies.
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Buffett helped Clinton pull in at least $1 million at a New York fundraiser last month, and has said he would do the same for Obama later this year. But in a recent Time magazine interview, he ... said he dreamed of a Bloomberg-Schwarzenegger presidential ticket.
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