The United States is already in a recession and it will be longer as well as deeper than many people expect, U.S. investor Warren Buffett said in an interview published in German magazine Der Spiegel on Saturday.
Europe~~ >"Soros: Europe Is Not Safe
Buffet re: Banks to blame for sub-prime crisis says Buffett
Comment on the recent trip: European tour including Switzerland, Germany, Italy and Spain on the look out for new investments.
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The repeal of the Glass-Steagall
The repeal of the Glass-Steagall act is the source of the ARM crisis and derivative bubble.
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