"Last Word"-The Red Sox Furniture Windfall
Monday, October 29, 2007SUSIE GHARIB: And finally tonight, now that the Boston Red Sox have won baseball's World Series, there's a big payoff, but not just for the Red Sox. Nearly 30,000 people can stake claim to free sofas, mattresses, dining tables and beds. Back in the spring, the Jordan's furniture chain ran a promotion promising buyers would get their money back on specific items if the Sox won it all. Customers paid for their merchandise up front and were given rebate certificates to fill out in case the Sox were able to pull off the statistical long shot. Jordan's, by the way, is owned by Warren Buffett's Berkshire Hathaway. But Paul, lest you think the cash will come out of Berkshire's pockets, Jordan has insured the promotion for more than $20 million.
KANGAS: That is why Mr. Buffett and Berkshire have the big bucks.
