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Article: Warren Buffett is Bullish on America's Future, but Says That a Full Economic Recovery Will Take a While.
- Article from:
- Biotech Week
- Article date:
- November 11, 2009
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Although the U.S. economy is no longer in the "emergency room," a full recovery isn't imminent, noted Warren Buffett, CEO of Berkshire Hathaway Inc., in a recent Business Wire interview to promote the launch of PYMNTS.com, a portal for the global payment industry (see also Business Wire).
Buffett's remarks came in a wide-ranging video interview with Cathy Baron Tamraz, Business Wire's president and CEO. PYMNTS.com is a joint venture of Business Wire and Market Platform Dynamics. The interview was conducted on Sept. 16, 2009.
Acknowledging that the financial markets were gripped in a "real panic" during the height of the economic crisis, Buffett praised ...