Buffett Buys BNSF

Billionaire Warren Buffett took full ownership of the Burlington Northern Santa Fe (BNSF) railroad yesterday, calling his move "a bet on the country." Some say it's a bet on coal and against clean energy.

1 minute read

November 4, 2009, 12:00 PM PST

By Alek Miller

"At a time when the job-creation potential of infrastructure spending is increasingly propelling the political debate, Buffett's interest in the transport sector could be a harbinger of greater private-sector involvement to come -- thus bolstering Democratic lawmakers as they make the case for more transit, bridge, and road repair money to hasten the nation's economic recovery."

FULL STORY: Buffett's Bet on Rail: What Does It Mean for Transport and Energy?

Tuesday, November 3, 2009 in Streetsblog

Transportation United States

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