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View story 1 0 Buffett places big bet with $34 billion railway purchase.US http://www.washingtonpost.com/wp-dyn/content/article/2009/11... Submitted by jsmith 3 weeks, 5 days, 11 hours ago Berkshire Hathaway chairman and world's second-richest man Warren Buffett said Tuesday that his $34 billion purchase of Burlington Northern Santa Fe Railway is a bet on America's future. It's a bet, but not just on America. With the investment, Buffett is also betting on China's rebound and growth, the price of oil going back up, the continued use of coal to make electricity and a higher profile for the nation's railroads, thanks to a push from the White House. Tags: warren buffet, acquisition, Northern Santa Fe Railway comment (0) | Category: US | Add jsmith as a source Comments Votes (my sources) Votes (Everyone) Add your comment Add your comment If you already have an account, sign in: Email address: Password: If you don't, just complete these fields: (or join PUBLIC PRIVATE PARTNERSHIP NEWS AGGREGATOR for free) Your name: Your site: (optional) Your comment: (You have up to 5000 characters left) Can you see the 5 most prominent letters/numbers in this image? (case insensitive) Please enter them here: « go back

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