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$68 BILLION DOWN THE DRAIN

That’s how much Carlos Slim, Warren Buffett and Bill Gates lost this year.  $68B sounds like a lot of money, but that’s about how much AIG lost last QUARTER or roughly 9% of the Obama spending plan.   The Forbes billionaire list this year is a who’s who of billionaire survival….Not surprisingly many of the 17% who made money this year are investors who had the prescience to see this debacle coming.  Among them John Paulson, James Simons and George Soros.

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