Hillary basks in Buffett glow
2nd wealthiest American speaks out
against Bush League politics.
Democratic presidential rivals Hillary Clinton and Barack Obama are vying for the affections of legendary investor Warren Buffett, as the economy eclipses Iraq as a key election issue.
Mr. Buffett has said he won’t endorse a candidate but that he is willing to throw his substantial fund-raising capabilities behind both Sens. Clinton and Obama.
“I told both of them that if they ran for president I’d support them, and here we are,” Mr. Buffett said after an event for Mrs. Clinton here yesterday.
The fund-raising “Conversation with Warren Buffett” drew over 1,500 people, including a mix of Silicon Valley executives such as John Doerr, a partner at venture-capital firm Kleiner Perkins Caufield & Byers; philanthropist and founder of the Esprit clothing line Susie Tompkins Buell; and San Francisco Mayor Gavin Newsom. Tickets ranged from $100 to more than $2,300, drawing in around $1 million, according to the Clinton campaign.
Buffett is an enjoyable speaker, immensely successful investor. He might bring some sense of priority and frugality to a new administration.
I think he still has the bicycle he used as a kid to earn money - delivering newspapers - for his earliest investments.
Posted: Wed - December 12, 2007 at 08:23 AM