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Giving 100 percent

12 June 2012 By Agnes T. Crane

Berkshire Hathaway’s bid for bankrupt ResCap is a bet of sorts on a rebound for U.S. housing and the ailing 99 pct. Buffett is also long the 1 pct, spending $10 bln on luxury jets. And the record bid for his charity auction lunch is a fresh sign he can bridge the two groups.

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