“My background is finance and accounting. As a socially conscious venture capitalist and philanthropist, I have a very good understanding of wealth management and philanthropy. I started my career in 1967 with the IRS as a specialist in taxation covering many areas of the tax law including the so-called legal loopholes to charitable giving. […] However, the Gates Buffet foundation grant is nothing more than a shell game in which control of assets for both Gates and Buffet remain the same. […] The only difference is that the accumulation of wealth by these two will be much more massive because they will no longer have to pay any taxes.”
THIS mystery lingers on. The Gates Foundation invests in oil companies, in governments, and even in pharmaceutical companies that gain from the suffering people in developing nations. With financial questions hovering over Microsoft and the economy in general (another massive fraud has just been unearthed), one must understand and accept a reasonable degree of skepticism. What does a supposedly-charitable foundation think that it’s doing with an investment in a patent-slinging monopolist?
Bill Gates has acquired a 5.2 percent stake in Eastman Kodak, according to a regulatory filing today. The Microsoft chairman owns the shares through his Cascade Investment LLC investment arm and the Bill & Melinda Gates Foundation.
Kodak is in antitrust waters while it harasses companies using its patents, so in many ways it has things in common with Microsoft. Why is the Gates Foundation becoming a shareholder? Gates already invests in the world's largest patent troll.
As a side note, the Foundation has been tossing some money around for publicity in recent days (relatively minuscule amounts by the way). Some of this appears to be promotion for Windows Mobile, which is dying. █
“Do some good deeds for publicity if the cameras are on”