$ cat ./records/appeals-court-disqualifies-the-judge-who-ruled-against-microsoft--2001.txt
Appeals Court Disqualifies the Judge Who Ruled Against Microsoft for Talking to the Press
[RECORD.TXT] · cat --full
In June 2001, the U.S. Court of Appeals for the D.C. Circuit unanimously removed U.S. District Judge Thomas Penfield Jackson from the Microsoft antitrust case, finding he had created an appearance of bias by giving secret interviews to journalists during the trial. Jackson had disparaged Microsoft to reporters — reportedly comparing Bill Gates to Napoleon and likening the company's executives to stubborn 'gang members' in remarks later published, including in The New Yorker. The appeals court called his conduct a serious breach of judicial ethics, vacated his order breaking Microsoft in two, and sent the case to a new judge. It was a significant setback for the government even as the court upheld that Microsoft was an illegal monopoly.
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2026
Gates Foundation Trust Sells Off the Last of Its Microsoft Stock
In the first quarter of 2026, the Bill & Melinda Gates Foundation Trust sold its remaining Microsoft shares, fully exiting a position in the very company that created Gates's fortune — capping a long, deliberate diversification away from the stock. The endowment that funds Gates's philanthropy, managed separately from its grant-making through Cascade, is now anchored instead by Berkshire Hathaway, Waste Management, railroads, and heavy-equipment makers. The sale underscored how thoroughly Gates's giving had decoupled from Microsoft's day-to-day fortunes.
2026
Gates's Charitable Endowment Is Now Led by Berkshire, Not Microsoft
By 2026, the publicly disclosed stock portfolio of the Bill & Melinda Gates Foundation Trust — the endowment that funds Gates's philanthropy — was led not by Microsoft but by Berkshire Hathaway, Waste Management, Canadian National Railway, Caterpillar, and Deere. Decades of diversification, plus Warren Buffett's stock gifts, left it concentrated in railroads, waste, heavy equipment, and Buffett's conglomerate, while Microsoft — the source of the original fortune — had largely been sold down. The unglamorous, value-oriented mix reflects the long stewardship of Gates's money manager, Michael Larson, through Cascade Investment.
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