March 4, 2008
Buffett Says Recession
Warren Buffett says the U.S. economy is in a recession, based on the bottom line at Bershire Hathaway, whose 76 operating units sell a variety of goods and services, where he sees "a significant slowdown." Buffett also said his previous offer to reinsure municipal bonds is no longer on the table. NYTimes, Buffett Says U.S. Is in Recession.
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