Warren Buffet

The Journal’s article (6/26/06, A1) comparing Warren Buffet to the nineteenth century Robber barons was an injustice to Buffet. Buffet worked for his money, managed his money and lives in the same 31,500 house he bought in 1958. The Robber Barons (Carnegie, Rockefeller, Vanderbilt and Morgan) were men who created monopolies, used predatory pricing, dumped products to drive competitors out of business and then felt guilty… so they funded universities, libraries and other worthy charities. If I were Buffet’s lawyer, I would encourage him sue for defamation of character for comparing him to the Robber Barons.

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