In a "First on CNBC" telephone interview just minutes ago, Warren Buffett told the Squawk Box team that while he been approached, sometimes indirectly, by financial companies offering to sell stakes, he hasn't seen anything he likes, at least so far. He indicated he still sees lots of problems among many banks that could take several years to work through, but didn't rule out doing any deals over the next six months. "We're looking everywhere but Antarctica."
UPDATE: A TRANSCRIPT OF THE COMPLETE INTERVIEW IS NOW AVAILABLE IN THE WBW POST Warren Buffett's "Bet on America": The Complete CNBC Interview.
The interview was Buffett first broadcast chat since the announcement yesterday that Berkshire Hathaway is paying Chicago's wealthy Pritzker family $4.5 billion for 60 percent of Marmon, a collection of mostly basic industrial companies. It's "our kind of business," says Buffett.