Buffett says recession may be worse than feared
Tuesday, April 29th, 2008Billionaire investor thinks downturn may last longer
NEW YORK - Warren Buffett, the world’s richest person, said on Monday the U.S. economy is in a recession that will be more severe than most people expect.
Buffett made his comments on CNBC television after his Berkshire Hathaway Inc. agreed to invest $6.5 billion in the takeover of chewing […]
