By Art Smith. Posted Wednesday, Sep 24, 2008 at 1:53 pm Filed Under: Business, Economy, Markets
In an interview on CNBC television today, Warren Buffett disclosed that he wants to pursue buying some of AIG’s units. This could reduce the impact of the AIG bailout on taxpayers since Berkshire Hathaway can help shore up some of the weaknesses in AIG as those units are integrated into Buffett’s empire. According to Reuters:
Buffett said he [...]
By DJ Durant. Posted Wednesday, Sep 24, 2008 at 11:54 am Filed Under: Chris Dodd, Economy, Featured, Federal Reserve, US Congress, US Treasury
At 6:00 this morning I was in the middle of my daily 15 minute workout routine, watching CNBC’s Squawk Box and trying to get a read on the markets. If you’re unfamiliar with this show, it’s hosted by Joe Kernan, Becky Quick and Carl Quintinilla. If my local cable provider would broadcast Fox Business, I’m sure [...]
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