George's story links

Warren Buffett's Partner: "Foregone Conclusion" Chinese Investor Will Take Key Role at Berkshire

(via www.cnbc.com)

Charlie Munger has told the Wall Street Journal that "in my mind, it is a foregone conclusion" that Chinese investor Li Lu will become one of Berkshire Hathaway's top decision makers on investments.  Based on hints in the article from Buffett himself, that could happen sooner rather than later.

Warren Buffett's Dairy Queen Wants Freeze on 'Blizz'

(via www.cnbc.com)

Warren Buffett's Dairy Queen is in a legal fight with a southern California frozen yogurt company that pits the 'Blizzard' against the 'Blizzberry.'

Warren Buffett Tells Obama Still 'Long Way to Go' After 'Wrenching Recession'

(via www.cnbc.com)

President Barack Obama reveals to NBC News what Warren Buffett told him about the economy when the two men sat down at the White House earlier this week.

Warren Buffett to CNBC: 'Never Heard' of German Hyperinflation Book Until Report He's 'Recommending' It

(via www.cnbc.com)

Warren Buffett tells CNBC today that he'd "never heard" of an obscure 35-year-old book on German hyperinflation in the 1920s until a reporter called a few days ago to ask about a report he's recommending it to friends.

Warren Buffett Gets New Tie from President Obama at White House Meeting

(via www.cnbc.com)

Warren Buffett got a sit-down meeting with President Obama at the White House, complete with a new tie.  A White House official says Obama noticed that Buffett's tie was frayed when he arrived to discuss the economy and job creation.  That prompted the president to give Buffett a new, gift-wrapped red tie.

Warren Buffett On The Economy, The Deficit, LeBron James And BP

(via www.huffingtonpost.com)

In an exclusive interview today with Huffington Post and Yahoo! News, Buffett told Willow Bay that he disagreed with the recent statement by New York Times columnist and Nobel Prize winning economist Paul Krugman that we are "in the early stages of a third depression."

Fired Exec Wants Warren Buffett Questioned Under Oath in Wrongful Dismissal Suit

(via www.cnbc.com)

A former executive of Berkshire Hathaway subsidiary Forest River, who claims he "lost his job and had his reputation destroyed" because he followed Berkshire's Code of Business Conduct and Ethics, wants Warren Buffett to be questioned under oath in the case.

Analyst Downgrades Berkshire Hathaway to Rare 'Sell' Recommendation

(via www.cnbc.com)

Warren Buffett's Berkshire Hathaway has been downgraded to 'sell' by Stifel Nicolaus analyst Meyer Shields and his team.  Shields previously had a 'hold' recommendation on the stock.  He discussed his call in a live appearance on CNBC's Fast Money Halftime today.

Warren Buffett: Hayward Should Not Continue As BP's CEO

(via www.cnbc.com)

Warren Buffett says Tony Hayward should not continue as BP's CEO, so that the American people can "feel better" about the company's response to its massive oil spill in the Gulf of Mexico.  In a videtaped interview with Willow Bay for the Huffington Post and Yahoo News, Buffett says it is not in the interest of either BP or the nation for Hayward to keep his job.

Buffett's Berkshire Off the Hook for Derivatives Collateral: Lawmakers

(via www.cnbc.com)

Warren Buffett's Berkshire Hathaway, along with other companies in similar circumstances, won't have to put up any collateral for existing derivatives contracts, according to a letter written by two of the key FinReg lawmakers on Capitol Hill.

Warren Buffett's $1.6 Billion Stock Donation to Gates Foundation Lifts 5-Year Total to $8 Billion

(via www.cnbc.com)

Warren Buffett's annual gift of Berkshire Hathaway Class B shares to the Bill and Melinda Gates Foundation is worth about $1.6 billion dollars this time around, lifting his total donation to $8 billion over five years .. and there's more to come.

New FinReg Rules May Require Buffett's Berkshire to Post $8 Billion Collateral

(via www.cnbc.com)

Warren Buffett's Berkshire Hathaway may need $6 to $8 billion in collateral for its multi-billion dollar collateral contracts, if the financial regulation bill passes Congress in its current form.  That's the estimate of Barclays Capital analyst Jay Gelb in a note to clients today, although we won't know for sure until the dust settles.

Buffett And Gates Issue Challenge to Fellow Billionaires to Pledge Half their Fortunes

(via www.cnbc.com)

We now know a lot more about that mysterious meeting in New York last year as billionaires from around the nation, including Warren Buffett and Bill Gates, gathered for a quiet dinner in New York. The topic was not, as some suspicious people half-jokingly suggested, world domination.

Charity Lunch with Buffett Sets New Record

(via www.cnbc.com)

After failing to set a record last year, the winning bid for this year's charity lunch with Warren Buffett soared to $2,626,311. That easily tops the $2.1 million that set a record in 2008.

Slow Start as Bidding Begins for Buffett Lunch

(via www.cnbc.com)

No bids yet in this year's charity auction of a Power Lunch for 8 with Warren Buffett.  Just over 12 hours into the 5-day EBay auction, no one has made the starting minimum bid of $25,000. It's just a matter of time.