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Buffett Says Economy `on Floor' After Cardiac Arrest
By admin - Posted on October 2nd, 2008
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Billionaire Warren Buffett, the world's preeminent stock picker, said the U.S. economy is ``flat on the floor'' after a cardiac arrest as companies struggle to secure funding and unemployment increases.
``In my adult lifetime I don't think I've ever seen people as fearful, economically, as they are now,'' Buffett said today in an interview with Charlie Rose to be broadcast tonight on PBS. ``The economy is going to be getting worse for a while.''
Read the transcript of the interview ...
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Warren a veritable business
Submitted by Anonymous (not verified) on Sun, 10/26/2008 - 07:16.
Warren a veritable business financial investors talked merely about America, American financials, american economics and American people's future. How about the impact on other parts of the World who will suffer more due to the mismanagement, lack of financial guidellines and controls to mitigate abuse. What's happening to Iceland, what will happen to middle income and poor countries as impact to this financial and economic Pearl Harbor...Buffett should also include in this analysis world impact on the finaical crisis.
FBL
Bailout
Submitted by James (not verified) on Sun, 10/05/2008 - 14:47.
It looks like Bailout has not helped the market. Market dropped on Friday afternoon. But I am buying stocks now. I picked up MON and MA. What are you buying nowdays ?
Warren Buffett interview
Submitted by german value-blog (not verified) on Fri, 10/03/2008 - 14:35.
I've read the transcript of the interview this afternoon and Buffett called the today´s crisis as economic Pearl Harbor. But he is also positive for the american economy itself. A few minutes ago, I've heard in the radio, that the bailout is on the way. But the stock market is unchanged. Let´s wait and see...
