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Berkshire Hathaway says 3Q profit triples to $3.2B (AP)

Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled. » Full Story on Yahoo! Finance
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Old Geezer

Did they actually make anything other than Shaw Carpet and we know thats a loser? No, they made these profits on paper! And on Derivative
Contracts no less. And you wonder why the country is going to hell faster than a greased cat on a hot tin roof?

posted Nov 7, 2009 |
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