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...That did not deter the governor, apparently. The same day, Blagojevich suggested starting a nonprofit lobbying organization, known as a 501(c)(4), which he could eventually work for, and proposed getting Obama's friend "Warren Buffett or some of those guys to help us on something like that." In a separate conversation on the same day, he suggested that Obama and his associates "can get Warren Buffett and others to put $10, $12 or $15 million into the organization" and then suggested that he could retire from the governorship to go over to the organization...

Author: /time Magazine | Title: Can Obama Escape the Taint of Blagojevich? | 12/10/2008 | See Source »

...already 16 months into this mess; we're at least four months into what could be the most serious and worrisome phase of the downturn. So the clock is ticking. Yes, there will be more bankruptcies and bailouts and job cuts. Yet no less an investor than Warren Buffett is making stock investments now, planning to be there for the long haul. The stock market is closely tied to the economy, even though the two often run in very different directions. The market is always looking ahead six to nine months and is a gauge of what investors collectively believe...

Author: /time Magazine | Title: Don't Panic, Retirees! | 11/26/2008 | See Source »

...philanthrocapitalism n.--Also known as venture philanthropy. A business-like approach to charity USAGE: "Leading philanthrocapitalists are giving away unprecedented amounts of money--Bill Gates and Warren Buffett are together handing out about $3.5 billion a year through the Bill & Melinda Gates Foundation." --NEW YORK TIMES...

Author: /time Magazine | Title: Verbatim | 11/13/2008 | See Source »

...investors who are cycling between greed and fear as they try to assess whether financial stability is returning, and whether the market has reached bottom after a long and costly plunge. Investors are trying to judge whether stocks have indeed become cheap, as some gurus including Warren Buffett have recently argued...

Author: /time Magazine | Title: Looking for the Bottom | 11/6/2008 | See Source »

...would probably court the center by appointing some Democrats to his Administration - a move he has signaled throughout his campaign. (He shocked his party when he suggested New York liberal Andrew Cuomo to head the Securities and Exchange Commission and said he would love to have Obama supporter Warren Buffett as his Treasury Secretary.) He might be able to sign a cap-and-trade energy bill - though it would hurt him with gop conservatives. He might be able to please the right with some judicial appointments - but that would hurt him with Democrats. He could please hawks by rattling...

Author: /time Magazine | Title: How Obama and McCain Would Lead | 10/30/2008 | See Source »

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