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631-724-3320 feal13@aol.com
Posted on August 11, 2015

Warren Buffett’s 9/11 payday

Mayor Bloomberg has recruited fellow billionaire Warren Buffett to take over a taxpayer fund set up to pay claims stemming from the toxic Ground Zero cleanup, The Post has learned.

A surprise plan under review would give $270 million in federal funds managed by the World Trade Center Captive Insurance Co. — a nonprofit entity controlled by Bloomberg appointees — to Buffett’s holding company, Berkshire Hathaway, which would convert the cash into a $600 million commercial-insurance policy.

Read More : http://nypost.com/2013/11/10/bloomberg-recruits-buffett-to-oversee-ground-zero-fund/