Capitol Cronyism: Obama'Backer Warren Buffett Helped Shape Bailout Rules, Then Made Massive Profits from Them

Capitol Cronyism: Obama'Backer Warren Buffett Helped Shape Bailout Rules, Then Made Massive Profits from Them: Big Government, by Wynton Hall Posted By: Dreadnought- Tue, 15 Nov 2011 12:27:50 GMT In the wake of the $700 billion TARP bailout, Warren Buffett apparently shaped a plan to clean up toxic assets that Treasury Secretary Tim Geithner later adopted–resulting in massive profits for Buffett. That’s the latest bombshell revelation from investigative journalist and Breitbart editor Peter Schweizer’s sensational new book, Throw Them All Out. According to Schweizer, after the bailout bill’s passage, Warren Buffett sat down and wrote then'Treasury Secretary Henry Paulson a four'page private letter laying out a plan to clean up the toxic assets plaguing numerous financial institutions.

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