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reACTIONary

(7,072 posts)
7. At one time Warren Buffet was a part owner...
Tue Feb 10, 2026, 08:15 PM
Tuesday
https://medium.com/@adamraczkowski/the-billionaire-and-the-bridge-6e0bdbe5e4d7

In the 1920s, with the Detroit automotive industry providing strong backing, the private Detroit International Bridge Company was formed. Construction was completed in 1929, just in time for the Great Depression, which put the company into bankruptcy in the 1930s. Through this process, the company became publicly traded. By the late 1970s, Warren Buffet owned a quarter of the Detroit International Bridge Company, as did Matty Moroun. Drawing on the resources of his trucking firm, Matty Moroun bought out Warren Buffet and other investors, taking the company private for $30 million in 1979.

Recommendations

3 members have recommended this reply (displayed in chronological order):

We really need to take Dumpy's keys away. Whyisthisstillclose Tuesday #1
How does a private individual have control over a major border crossing? Wiz Imp Tuesday #2
I was going to ask the same thing. underpants Tuesday #3
Put a billionaire and Trump in a room and anything can happen Raven123 Tuesday #4
At one time Warren Buffet was a part owner... reACTIONary Tuesday #7
He bought it. Has owned it forever, and doesn't want competition. James48 Tuesday #8
I called this in a different thread JBTaurus83 Tuesday #5
Ah. And what else did Moroun bring to the meeting? tanyev Tuesday #6
The Moroun's JBTaurus83 Tuesday #9
Chump and his family can relate to that FakeNoose Tuesday #11
Everything with Trump... follow the money... bsiebs Tuesday #10
I think it's time for the Morouns to get a little taste of eminent domain ToxMarz Tuesday #12
Can anyone help me understand how a billionaire controls a AllyCat Tuesday #13
Canada should boycott the moron bridge!! aeromanKC Tuesday #14
How much did he have to grease Donald Dump's butt to get this to happen? mdbl Tuesday #15
That is the first time I have known of trump being called "MAGA leader" mysteryowl Tuesday #16
I did a double take, too... IthinkThereforeIAM Yesterday #20
It's interesting, just yesterday we had members downplaying the possibility of a connection Ilikepurple Tuesday #17
Yup, as soon as I read that paragraph in the other article, I had a feeling that was the reason. mwmisses4289 Tuesday #18
Nice bridge ya got there! BidenRocks Tuesday #19
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