Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Arnold for Governor! -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (137)	8/13/2003 6:37:13 PM
From: Karen Lawrence	Respond to of 773

www.sfgate.com: Same subject,other info.Schwarzenegger hires Warren Buffett as recall campaign adviser Wednesday, August 13, 2003 -------------------------------------------------------------------------------- (08-13) 13:15 PDT LOS ANGELES (AP) -- Warren Buffett will serve as senior financial and economic adviser in actor Arnold Schwarzenegger's bid to replace Gray Davis if the governor loses the recall vote, the Republican actor's campaign announced Wednesday. Buffett, chairman of Berkshire Hathaway, is a billionaire investor legendary for his financial prowess. He is also a Democrat. "What he will be doing is assembling other prominent business leaders and economists and setting up a team to address the issues facing California," said Schwarzenegger spokesman Sean Walsh. Buffett said in a statement: "I have known Arnold for years and know he'll be a great governor. It is critical to the rest of the nation that California's economic crisis be solved, and I think Arnold will get that job done." Buffett has lent political assistance in the past to former Nebraska Sen. Bob Kerrey, who ran for president in 1992 but lost the Democratic nomination to Bill Clinton. He has also donated money to Democrats including New York Sen. Hillary Clinton, Florida Sen. Bob Graham and former presidential candidate Bill Bradley, Federal Election Commission records show. Records show he has also backed two Republicans: Rep. Chris Shays, R-Conn., and Rep. Tom Osborne, R-Neb., a former University of Nebraska football coach. By buying at low prices into well-known, solid companies, Buffett built Omaha, Neb.-based Berkshire Hathaway into a huge conglomerate. In his investments, he generally avoids high-tech companies, arguing he cannot tell which will be usurped by advances in technology. He was unavailable for interviews, an assistant in his office said. Schwarzenegger is among scores of candidates vying to replace Davis if the governor loses an Oct. 7 special recall election.