Jun 26th, 2006 by ravi
Such a thing as a free Buffett?

Sometimes it feels OK to be just a regular liberal rather than a revolutionary leftist! Yes, this is still the same old crappy system of inequity, but at least in currently possible world terms, its good news:

Buffett gives $30 billion to Gates | Reuters.co.uk
By Robert MacMillan and Mark McSherry

NEW YORK (Reuters) – Warren Buffett, the world's second-richest person, is donating about $37 billion (20.3 billion pounds) — more than 80 percent of his fortune — to foundations run by his friend Bill Gates and by the Buffett family.

The move is the biggest-ever single act of charitable giving in the United States.

[…]

The Gates foundation is one of the world's richest philanthropic organizations.

It has committed millions of dollars to fighting diseases such as malaria and tuberculosis in developing countries, and to education and library technology in the United States.

[…]

However, Wall St no likey charity:

MSNBC: Berkshire stock falls after Buffett charity move

Berkshire Hathaway Inc. shares fell Monday after Chairman Warren Buffett said he would give most of his $44 billion fortune to the Bill & Melinda Gates Foundation and other charities.

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