Warren Buffett talks to Andrew Sorkin about the 2008 financial crisis

Finance


When the banks began to fail in 2008, executives turned to Warren Buffett in a plea for last-minute funding.

He later called the events that followed an “economic Pearl Harbor.”

Watch the video above for an in-depth discussion between CNBC’s Andrew Ross Sorkin and the Oracle of Omaha as he reflects on the week that led to the worst financial crisis in decades.

The CNBC Original “Crisis On Wall Street: The Week That Shook The World” premieres Wednesday, 10pm ET/PT.



Source link

Products You May Like

Articles You May Like

Italy sticks to its budget targets, defying the EU
Roth 401(k) plans are an often-missed retirement savings opportunity
Thermo Fisher perfect for this environment
Why recent market turmoil might be a good thing for your tax bill
David Hockney painting sells for a record $90 million

Leave a Reply

Your email address will not be published. Required fields are marked *