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Minyanville's Separated At Birth


The crack research team at MVHQ has uncovered some long-lost twins that Warren Buffett, Jeffrey Immelt and a slew of others may not have ever known they had.


When asked last week, at the India Institute of Technology Alumni 2007 Global Conference in Silicon Valley, about whether the internationalization of the economy was likely to come under attack as the U.S. presidential election cycle heats up, General Electric CEO Jeffrey Immelt said, "If you put globalization up for a popular vote in the United States, I think it would lose 60/40."

GE CEO Jeff Immelt and Minyanville President Kevin Wassong
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Pimco's Bill Gross predicted that the Fed would reduce the fed funds rate, which is now at 5.25%, over the next six months because the subprime mortgage meltdown "may be just what the Fed has been looking for: easy credit becoming less easy, excessive liquidity returning to more rational levels."

Pimco's Bill Gross and Access Hollywood's Pat O'Brien
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And Warren Buffett gave his second annual gift of 572,375 Class B Berkshire Hathaway shares (worth $2.12 bln, based on Friday's closing price of $3, 704.90) to the five foundations he has pledged most of his $49 bln fortune to.

Warren Buffett and Harry Caray
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No positions in stocks mentioned.

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