Billionaire Warren Buffett continues to profit from thefinancial crisis, with the latest pretax income on his crisis-erainvestments earning him $10 billion and counting, according toThe Wall Street Journal.
|The latest payment came last week from candy maker Mars Inc.after it repaid $4.4 billion that its subsidiary, Wrigley, borrowedin 2008. That payment alone is expected to net Berkshire Hathaway aprofit of approximately $680 million.
|Buffett began lending money as a last resort to companiesincluding Bank of America, Goldman Sachs Group, and Swiss Re in thebeginning of fall 2008.
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