Alex Crippen is senior coordinating producer at CNBC.com. He started with CNBC television in 1990. Crippen began his media career in affiliate TV and news radio. He holds a degree in economics from Wesleyan University.
This is live real-time blog coverage of Warren Buffett's appearance before the Senate Finance Committee for a hearing on estate taxes.
Warren Buffett has arrived here in Room 215 of the Dirksen Senate Office Building, ready for his appearance a little later this morning before the Senate Finance Committee. The guards are saying a big crowd is expected. No surprise when Buffett's involved.
Today's Wall Street Journal Heard on the Street column quotes some unnamed "people familiar with the matter" as saying Warren Buffett's Berkshire Hathaway could make big profits by throwing a "lifeline" to bond insurers hurt by excessive fears over credit market losses.
Some of Warren Buffett's fellow bilionaires in the Forbes 400 speak out on his million-dollar challenge over tax rates and the very wealthy. So far, no takers.
Warren Buffett will be heading to Washington next Wednesday, to testify against eliminating the nation's estate taxes. It appears to be part of Buffett's "billionaires like me don't pay enough in taxes" campaign, which has not exactly caught on among his fellow members of the Forbes 400 club.
It turns out that supermodel Gisele Bundchen isn't siding with Warren Buffett as a U.S. dollar bear after all, her manager tells CNBC.
They're both famous, they're both very wealthy and they both don't want to get paid in U.S. dollars right now if they can avoid it. One major difference: she dresses better.
The Wall Street Journal points out this morning that Warren Buffett has been increasingly selling derivatives, which he described a few years ago as "financial weapons of mass destruction."
Lots of people call on Warren Buffett for support. But this particular call for support is, well, somewhat unusual. In the new issue of Time Magazine, Senior Editor Belinda Luscombe, writes an open letter to Mr. Buffett, calling on his support on behalf of "the women of America" because "they need you. Badly."
Operating earnings at Warren Buffett's Berkshire Hathaway fell slightly in the third quarter, with a big drop in profits for its insurance-underwriting operations.But the company posted a big increase in net earnings due to a $2 billion dollar one-time gain from sales of investments (PetroChina!)
Warren Buffett said that business owners should write this phrase on their mirror tomorrow morning.
Warren Buffett's investment company reduced its holdings in a number of big names, as well.
Berkshire Hathaway has offered to be a potential finance partner for Dan Gilbert's bid to buy Yahoo, Warren Buffett says.
The economy. Donald Trump. Jeff Bezos. Coca-Cola. The Oracle of Omaha touched on all that and more in a three-hour CNBC interview Monday morning.