Saturday 19 August 2017

Buffett swoops on hopeless quango

IT'S ALL A QUESTION OF SPIN: Warren Buffett, left, teams up with Bill Gates as a doubles partner in a game of tycoon table tennis
IT'S ALL A QUESTION OF SPIN: Warren Buffett, left, teams up with Bill Gates as a doubles partner in a game of tycoon table tennis

Shane Ross

HAS Warren Buffett lost his marbles? What in the name of God is the lofty Sage of Omaha doing, mixing it with the lowly VHI?

Out of the blue, last Thursday morning an Irish Independent exclusive revealed that the wiliest investor in the world had been sucked into one of the deepest swamps in Ireland.

The headline described it as a "massive coup" for the decrepit company. In fact, it was a massive coup for Charlie Weston, who broke the story. Media reports suggested that Buffett's entry to the moribund health insurance market would save the Irish taxpayer up to €90m.

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Don't Miss