In a live interview this morning on CNBC's Squawk Box, Warren Buffett called his purchase of a big Marmon stake as a "bet on America over a long time." He also revealed that while he has been approached by financials companies about buying a stake, "we have not seen a deal that causes me to start salivating." A summary appears in the WBW post Warren Buffett tells CNBC He's Been Approached by Financials But Hasn't Seen Anything He Likes So Far.
Thomas Russo Says Marmon Stake to "Deepen" Berkshire's Business: Video
Showing posts with label Thomas Russo. Show all posts
Showing posts with label Thomas Russo. Show all posts
Thursday, December 27, 2007
Thursday, August 9, 2007
Transcript: Thomas Russo interview
Gillian Tett: Obviously one of the hot topics at Davos this week is the issue of financial market regulation, and competition between financial centres, and I had wondered if you could tell us how you see the competition developing between New York and other centres like London at the moment?
Thomas Russo: Well, the competition is certainly fierce, if you look at just some of the literature from for example London Stock Exchange they make much of the fact of the difference in the regulation and the litigation in the United States, and it's been quite effective...
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Thomas Russo: Well, the competition is certainly fierce, if you look at just some of the literature from for example London Stock Exchange they make much of the fact of the difference in the regulation and the litigation in the United States, and it's been quite effective...
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