Obama to honor Buffett with medal of freedom
WASHINGTON (MarketWatch) — President Barack Obama will honor billionaire investor Warren Buffett with the presidential medal of freedom, the White House announced Wednesday. Buffett, who runs Berkshire Hathaway Inc. /quotes/comstock/13*!brk.b/quotes/nls/brk.b (BRK.B 79.53, -0.38, -0.48%) , will be one of 15 people to be awarded the medal, which is the country’s highest civilian honor. It is given to people who have made “especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors,” according to the White House.
Buffett is a longtime supporter of Obama’s. Buffett wrote an op-ed in the New York Times on Wednesday thanking the government for intervening in the financial crisis.
The country’s highest civilian honor is being given to a man who launders money for the Mexican drug cartels. That 28,000 Mexicans have been killed by the drug cartels is of no concern to either Obama or Buffett.