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To: Sun Tzu who wrote (52552)	9/19/2001 2:03:45 PM
From: Sun Tzu	Respond to of 70976

Doers and doings in business, entertainment and technology: It didn't take long after the markets reopened for Warren Buffett to invoke an "act of war" clause and sink a deal to buy $500 million in bonds from troubled financial services firm Finova (nyse: FNV - news - people). Warren Buffett's Berkshire Hathaway said it invoked the rarely used "act of war" clause to rescind an offer to acquire up to $500 million of Finova Group bonds. The voided agreement to pay cash for up to $500 million of newly issued secured Finova notes does not affect the proposed $8.1 billion bailout proposal of Finova by Berkadia, which is a joint venture between Berkshire and Leucadia National .More... Billionaire financier and philanthropist George Soros believes the world should start combating terrorism by overhauling global financial institutions and by pumping money into aid and development assistance. Soros also told the Asia Society in Hong Kong that Osama Bin Laden, who has been accused of orchestrating the lethal terrorist attacks on New York City and Washington, D.C., should be hunted down. "Improving social conditions will not prevent people like bin Laden from exercising their evil genius but it will help to alleviate the grievances on which extremism of all kinds feeds.'' Soros said he had donated $425 million in aid in each of the last five years.More... Charles Wang, the founder and chairman of software giant Computer Associates , said the terrorist attacks on New York and Washington, D.C., will probably prolong the tech slump. "It will likely delay the tech recovery, but I can't say how long, as I do not know," Wang told Reuters. "In any period of uncertainty, visibility is going to be worse. But we've not assessed what it's going to do to earnings, forecasts. We've not gotten to that point yet--in the short term, there's no way to assess it yet." It's been a bad year for the billionaire. Not only have shares of his firm dipped, but a vicious proxy fight was waged in the summer to wrest away his control of the firm. Though Wang emerged victorious in the battle, he garnered the fewest votes of all ten members of the board.More... Use ourPeople Trackerto keep up to date with the activities for any of the above executives and celebrities or some 120,000 others. Related Links at Forbes.com

To: Sun Tzu who wrote (52552)	9/19/2001 2:08:16 PM
From: Jerome	Read Replies (1) \| Respond to of 70976

>>>Those who look forward to war, should first spend a year with its victims <<< This is where this thread separates. I have seen enough poverty and human misery to fill many threads. No TV ten second sound byte can come close to the situation. I used to say to myself that if I had to try and live under those circumstances (that I was viewing) I would go out and hang myself first thing in the morning and get it over. But God spared me and sent me back to torment the Republicans on this thread. Regards, Jerome