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During May sweeps season on daytime television, Walt Disney (NYSE: DIS)'s ABC network may very well have gotten the most timely financial subplot of them all. Oh yes, and don't forget "weird." Erica Kane, Susan Lucci's storied character on All My Children, will be aided by a knight in shining Berkshire Hathaway stock -- billionaire guru Warren Buffett. She's in prison for insider trading; who better to call than the world's richest man? I can't think of anyone, except maybe a lawyer (n.b.: NOT the one who represented Martha Stewart).According to the New York Post, Buffett excuses himself during his meeting with Erica Kane to take a call from Bill Gates (his longtime friend and constant rival for world's-richest-man title).
This is the third time Buffett has appeared on All My Children, having previously appeared on the show in 1991 and 1993 (the show's spokespeople evidently got the record confused and have been pointing to one episode in 1992). In October 1991, Warren and then-ABC chairman Thomas S. Murphy appeared as themselves to give Kane advice on her cosmetics business. They reprised that role in August 1993. While it may seem a little strange for a billionaire financial genius to watch the soaps, Buffett is evidently a fan of the show and is friendly with All My Children creator, Agnes Nixon. According to show spokesman Mike Cohen, Buffett has been waiting to come back to the show. For 15 years.
I wonder if the truth isn't something more like, Buffett has the hots for Susan Lucci ... but I haven't been able to find a source for that information.
According to his biography, Buffett never cashed his $300 check paying him for his last appearance, and he'll be paid the day player rate the union has negotiated, or about $700.
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Reader Comments (Page 2 of 2)
3-21-2008 @ 12:56PM
RICHARD said...
I ADMIRE WARREN-GO FOR IT BOY-I WAS MARRIED 40 YEARS TO A WONDERFUL GAL-SHE DIED 9 YEARS AGO-PEOPLE HAVE FORGOTTEN WHAT TRUE LOVE IS-I AM 74 -THE FIRE STILL BURNS AND MY PLUMBING STILL WORKS-GOD HAS BEEN GOOD TO ME AND YOU-GO MAN GO
3-21-2008 @ 1:41PM
Denise said...
To answer Mary, Susan Lucci turned 61 on December 23. I hope I look that good when I turn 61. But my mother who passed away in February at the age of 64 looked like she was in her 40's, so I just might get lucky.
7-06-2008 @ 10:06PM
David J. Heinrich said...
The jealousy and envy some have of Buffett is amazing. People shouldn't begrudge the man anything he's earned through his hard work and brilliance. Nor should they talk like he has obligations to others he doesn't. A man has an obligation first to refrain from aggression against anyone, and secondly to his family (wife, children, etc); that is it, by default. He doesn't have any obligation to billions of people he doesn't even know.
And also, to some complaining about why he doesn't "teach" people how to be rich...it is quite literally impossible to teach everyone how to be rich. Rich is a relative term. He teach people who are willing to learn and have the talent to invest. But not everyone can be rich investing; in fact, by definition, the average return of the investor is going to be the market return. What ultimately makes us richer as a society is improving the standard of living, and even if you could teach everyone to be more productive, that still wouldn't make everyone "rich", relative to average wealth; that's impossible by definition.
People ought to be grateful for the opportunities present in first world countries that haven't completely obliterated free markets. The average person in the US today lives better than Kings used to live, in almost every respect; the only area where Kings of times past (before the 1900s) lived better than the average person today was in food, the size of their house, and perhaps carnal matters. Although even that isn't true in all cases.