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Berkshire Hathaway Inc. Message Board

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  • lrmd50 lrmd50 May 24, 2012 3:02 PM Flag

    Buying sinking ships?

    I believe Warren is giving loans to media companies to restructure as internet players. He makes his money on the interest paid on the loans and takes the newspaper off their hands and if the papers lose money it is a tax write off. Pretty smart-two ways to benefit and help the bottom line of BRK.

 
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