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  1. assets aren’t taxable until they are sold, antidope. Some earn income, some don’t. BRK does not. WB does not get dividends from his stock.

    Still, neither you nor stevie can tell me who the top EARNERS in the country are and that they are not “Wall Streeters.”

    BTW, if Warren Buffet isn’t a “Wall Streeter” then i don’t know who is!!!!!!!

  2. assets earn income that is taxable. i’m quite certain BG and WB have sizable tax bills.

    on aig, K: did the government have to make good on 100% of the counterparty risk? i dont think a collapse would’ve occurred if it went with an 80/20 risk share. otoh, things were moving so fast at this point that the authorities prob didnt have time to think this one thru.

  3. Dave, I can’t believe you still try to reason with imbeciles. I commend you for that but come on! Don’t you have something else to waste your time on???

    Posted by: Kensingtonian at November 6, 2009 9:32 AM

    LOL

  4. Oh dear Stevie, don’t you realize that if they let AIG fail, US would have been in the shitter. Gov’t made a conscious decision with that. BTW, I am all for free market economics, supply/demand, all that (was my thesis in grad school after all).

  5. >>Tell us who they actually are.

    lets start with bill gates, warren buffet, stevie cohen, steve balmer, the list goes on

    Posted by: stevieb at November 6, 2009 10:01 AM

    You are agaian confusing balance sheets with income statements. These are among the richest men in the world in terms of assets. I believe Warren Buffet pays himself $100,000 a year. BRK does not pay a dividend.

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