Warren Buffett said the US economy is a “shambles” and that, “We haven’t got the economy moving yet.” In an interview with CNBC Wednesday. More…
Posts tagged as “Economy”
The New York Times is reporting that the Treasury Department is preparing Chapter 11 bankruptcy filings for Chrysler that could come as early as next week. Chrysler’s lenders hold nearly $7 billion in debt and the government earlier offered 22 cents on the dollar for a 5% share in a reorganized corporation. More…