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This is the archive of a live blog of Warren Buffett's appearances on CNBC's Squawk Box on Monday, March 9, 2009. Buffett answered questions submitted by CNBC viewers and CNBC.com users.
At least two dozen US and European banks benefited from the rescue of AIG, with about $50 billion paid out to them since the Fed first gave aid to the insurance giant, the Wall Street Journal reported.
As Citi trades below $1, speculation again heats up that Citi, Bank of America and GM will almost certainly be removed from the Dow Industrials. Lists are being circulated for likely candidates.
As Pfizer Chairman and CEO Jeff Kindler represents at the White House Healthcare Summit today and tries to make the industry's case against government price controls on prescription drugs, a couple of prominent industry analysts are giving him a little something to smile about.
Everyone knows that construction companies are profiting from the stimulus bill, but tech firms are cashing in, too.
Following are the day’s biggest winners and losers. Find out why shares of First Solar and American Express popped while Target and MetLife dropped.
Despite assurances that the takeover of Fannie Mae and Freddie Mac would be temporary, the giant mortgage companies will most likely never fully return to private hands, the New York Times reports.
Investors everywhere are reading Warren Buffett's commentary on his past actions as well as general views about the economy. But perhaps the best lessons are sometimes hidden behind the words. It requires a careful examination of his letters to fully capture the genius of Buffett and integrate his wisdom into your portfolio.
In his annual letter to Berkshire Hathaway shareholders, Warren Buffett says he did some "dumb things in investments" last year, while defending Berkshire's "equity put" derivatives contracts. Buffett also predicts the economy will "be in shambles throughout 2009 - and for that matter, probably well beyond - but that conclusion does not tell us whether the stock market will rise or fall." He's still optimistic for the long-term, however, again pointing out that "our country has faced far worse travails in the past" but always "we've overcome them." He says confidently, "America's best days lie ahead."
It looks like we have a winner in that race to repay TARP funds. What's the prize? Wriggling free from all those strings attached to it.
Stocks fell to a 12-year low Friday after the government announced plans to take a large stake in common shares of embattled Citigroup.
The market might be going nowhere fast but rotation in and out of sectors appears to be quite robust.
JP Morgan has put Bear Wagner Specialists up for sale, CNBC has learned. Barclays is the potential bidder according to the Wall Street Journal.
Plus, Cramer's plan for Obama and the conundrum of preferred shares.
Stocks jumped on Tuesday after Ben Bernanke delivered a big dose of relief when he signaled that nationalization of big banks was not at hand.
We on Power Lunch were all transfixed during Sen. Corker’s questioning of Federal Reserve Chief Ben Bernanke Tuesday.
Plus, Cramer makes the call on Home Depot versus Lowe's and the only financial stocks worth considering.
Anybody out there got the super-secret e-mail address for President Obama, the Blackberry addict? How about a cell-phone number for Treasury Secretary Timothy Geithner?
The development boom that turned Poland, Hungary and other former Soviet satellites into some of Europe’s hottest markets is on the verge of going bust, raising worrisome new risks for the global financial system that may ricochet back to the United States.
Nationalizing insolvent US banks is the best solution to avoid a Japan-like scenario in which 'zombie' financial institutions would eat up public resources while the US economy would teeter on the brink of depression, Nouriel Roubini, economics professor at NYU and chairman at RGE Monitor told CNBC Tuesday.