Buffett, BRK, Gen Re, Geico, BNSF, shipping/transportation, railroad spills, toxic cargoes, etc are topics on TMF and METAR.
A concurrent METAR thread is discussing insurance and gun ownership.
WR Grace, the asbestos mining company, claimed BK after it was successfully sued by the Libby MT families, and went out of business.
Now, the legal teams are skirmishing around what BNSF knew and when did they know it.
ralph
Sad situation, you could call it the Appalachia of the north. Solid people that worked very hard and were Scr*wed by their Employers.
Andy
That’s right. Warren Buffet’s companies seem to get away with a lot. Clayton Homes (the manufactured home seller) is the worst in terms of screwing poor people.
But BRK is a great investment, and Warren keeps taking advantage of all these laws and rules that poor people in the Red States keep voting for even though it’s against their economic interest.
What’s an investor to do? Leave the easy money on the table?
intercst