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Sep 06 2007 12:00am EDT

Buffett Rebuffs a Hostile Takeover

An armed man in camouflage face paint and dark clothes tried to force his way into Warren Buffett's home last night, and he apparently wasn't looking for investment advice.

Fortunately, the Buffett household was considerably savvier than the amateur robber had bargained on—Warren's wife Astrid neatly defused the threat before any harm was caused, Omaha television station KETV is reporting.

According to the police report, a little after 10 p.m. on Wednesday, a man brandishing what appeared to be a gun rang the doorbell of the celebrated investor's house.

Police say that Buffett was home at the time, but it was his wife Astrid who spotted the trespasser and leapt to action. After seeing what she took to be an armed man at the door, she called the police and dispatched her security guard. The guard scuffled with the man on the porch and before chasing him away.

The would-be robber is still at large, but turned out to be wielding a fake gun. Police say he's a white male, about 24 to 26 years old.

by Liz Gunnison


Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.
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