Skip Navigation

Close and don't show again.

Your browser is out of date.

You may not get the full experience here on National Journal.

Please upgrade your browser to any of the following supported browsers:

Reveal Navigation

Warren Buffett Fingers Congress on Economy Warren Buffett Fingers Congress on Economy Warren Buffett Fingers Congress on Economy Warren Buffett Fingers Co...

share
This ad will end in seconds
 
Close X

Not a member? Learn More »

Forget Your Password?

Don't have an account? Register »

Reveal Navigation
 

 

Policy / ECONOMY

Warren Buffett Fingers Congress on Economy

Warren Buffett, chairman of Berkshire Hathaway Inc.(AP Photo/Pablo Martinez Monsivais)

July 13, 2012

Warren Buffett, the chairman of Berkshire Hathaway Inc., said Americans are “quite disgusted” with Congress regarding the economy, according to Bloomberg News.

In his appearance on Bloomberg TV's "In the Loop" this morning, he said Congress should raise the debt ceiling “this afternoon.”  He complained that the debt ceiling was being used as a "pawn." 

Wells Fargo & Co, where Berkshire Hathaway holds over 7 percent of the common stock, "did the best job of the big players in the mortgage market," according to Buffett.

 

He gave his insight into JPMorgan and his advice to CEO Jamie Dimon: “Keep your head down.” 

In the past year, Buffett has been expanding Bershire's media operations by buying the Omaha World-Herald Co., and 63 daily and weekly newspapers from Media General Inc.

Buffett said that he might add more publications, depending on what companies are interested. “We don’t go out searching for them at all, they come to us,” the billionaire said.

You May Find These of Interest
Get us in your feed.
Job Board
Search Jobs
Outside Sales Representative
National Federation of Independent Businesses | San Jose, CA
Outside Sales Representative
National Federation of Independent Businesses | Traverse City, MI
Outside Sales - Membership Development
National Federation of Independent Businesses | Rochester, MN
Outside Sales Representative
National Federation of Independent Businesses | Key West, FL
Outside Sales Representative
National Federation of Independent Businesses | Danbury, CT
Outside Membership Sales Rep
National Federation of Independent Businesses | Las Cruces, NM
Outside Sales Representative
National Federation of Independent Businesses | Kingston, NY
Outside Sales Representative
National Federation of Independent Businesses | Coos Bay, OR
Outside Sales Representative
National Federation of Independent Businesses | St. Augustine, FL
Outside Sales Representative
National Federation of Independent Businesses | Kirksville, MO
Outside Sales -Membership Development
National Federation of Independent Businesses | Colorado Springs, CO
Outside Sales Representative
National Federation of Independent Businesses | Newburgh, NY
Legislative Director
National Federation of Independent Businesses | Austin, TX
Outside Sales Representative
National Federation of Independent Businesses | Meridian, MS
Outside Sales Representative
National Federation of Independent Businesses | Hampton, VA
 
Comments
comments powered by Disqus