Warren Buffett talks to Andrew Sorkin about the 2008 financial crisis


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

Half of the companies that have reported earnings so far say the strong dollar is hurting them
United Airlines grows profits, buys used Boeing 737s amid Max grounding
Andrew Left’s Citron Capital posted net return of 24.7% in first half
Disney, Charter talks could affect price of cable in the streaming era
General Electric, Molson Coors, Deere

Leave a Reply

Your email address will not be published.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