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IPFS News Link • Business/ Commerce

Warren Buffet and his Curious Bet on Rail

• arclein
This is all probably just convenient luck for Warren Buffet. The environmental lobby and their money is mainly what is considered to be the reason Obama made the decisions he has on the Keystone pipeline. The Burlington northern railroad is worth about $34 billion now. In 2009, Warren Buffett bought BNSF railroad for $26 billion.

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