In one respect, the Oracle of Omaha is having his first truly disappointing year since 1990.» Read More
During the height of the financial crisis, investors flocked to the safety of U.S. treasury debt and many on Wall Street are now calling the top in treasurys. So have bonds turned too risky? Kevin Giddis, managing director of Morgan Keegan and Michael Pond, strategist at Barclays Capital shared their insights.
It's 12 months later and Warren Buffett's Berkshire Hathaway is $3 billion richer. Exactly one year after Buffett stunned Wall Street with his massive vote of confidence for Goldman Sachs, his bold bet is producing gigantic profits.
Treasury Secretary Hank Paulson and Fed Chairman Ben Bernanke head to Capitol Hill to sell the $700 billion bailout plan. Warren Buffett invests $5 billion in Goldman Sachs. WaMu talks to suitors about a takeover.
Pro investor Whitney Tilson saw the crisis coming and made the right moves. Find out where he sees weakness now.
September, a traditionally weak month for stocks, has contrarily been strong for markets in the last several trading sessions, but how far will the rally continue? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his market insights.
Warren Buffett's interview with Becky Quick marking the one-year anniversary of the height of the financial crisis aired in two parts on CNBC this morning and last night. This is the transcript and video of the complete interview, including portions that did not air on TV in either part.
Warren Buffett tells CNBC that while the economy "hasn't gotten worse" but also hasn't "gotten much better" over the past three months, he doesn't expect a 'double-dip' recession and sees significant improvement in residential real estate.
Warren Buffett tells CNBC he has no regrets about any of the decisions he made over the weekend one year ago when the financial crisis was at its worst. In a taped interview with Squawk Box's Becky Quick airing tonight, Buffett says he "looked hard" at a telephoned offer that Friday night to buy AIG's property casualty operation for around $25 billion, but decided against it. He also recalls that he was approached to do a reinsurance deal that might have helped clear the way for a Barclay's rescue of Lehman, but it didn't come together.
Warren Buffett says he's buying stocks, but it's not because he thinks the recession is ending.
Stocks struggled to hold gains on Tuesday even after a number of positive economic reports. So how should investors position themselves? Bernard McSherry, senior vice president of strategic initiatives, Cuttone & Co. shared his market strategies.
Reflecting back one year after the historic September that shook the financial markets, Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his insights.
Shares of menswear manufacturer Dayang Trands soar in Shanghai after a state-run Chinese newspaper relays Warren Buffett's enthusiastic praise of the company and its business suits.
President Obama on Monday sternly warned Wall Street against returning to reckless and unchecked behavior that had threatened the nation with a second Great Depression. So how are investors faring one year after the financial meltdown? CNBC contributor Michael Yoshikami, president and chief investment strategist at YCMNET Advisors and Thomas Meyer, CEO and chairman of Meyer Capital Group Wealth Management shared their market insights.
The market looks healthy, the economy is going to continue to outpace expectations in the near term and this is a favorable environment for equity investing, said Liz Ann Sonders, chief investment strategist at Charles Schwab.
I was discussing the financial collapse with Clint Goodrich...I told him that Warren Buffett said, "When the tide goes out, you see who's been swimming naked." Goodrich rolled his eyes. Turns out, he thinks Buffett isn't much of an oracle. What?? Isn't that like saying Tiger Woods isn't much of a golfer??
Markets opened lower on Monday as investors worried about the U.S.-China trade dispute and reflected on the one-year anniversary of the Lehman Brothers collapse. The tariffs came on the heels of a union complaint that a surge of imports of the Chinese tires were taking away American jobs.
Over the past several months, Warren Buffett has been consistently bearish on the short-term prospects for the U.S. economy. Is he still just as pessimistic now, even as consumer sentiment improves and economists talk about the recession coming to an end? CNBC's Becky Quick will ask him in an on-camera interview to mark the one-year anniversary of the height of the global financial crisis.
Lehman Brothers moves closer to taking center stage in the crisis, but storm clouds also build over AIG and Washington Mutual.
Warren Buffett is one of twenty-seven business, government, and academic leaders endorsing what's described as a "bold call to end the focus on value-destroying short-termism" in financial markets. A new statement from the Aspen Institute argues that shareholders are playing a key role by pushing corporations for short-term stock price gains at the expense of long-term sustainability.
A recent court ruling that forced two ratings companies to defend fraud claims is a "game-changer" for the industry, said David Einhorn, head of Greenlight Capital.