Buffett assails US govt's 'stress tests'
China Daily | Updated: 2009-05-05 07:52
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Warren Buffett, chairman of Berkshire Hathaway Inc, walks the exhibitor floor during Berkshire's annual shareholder meeting at the Qwest Center in Omaha, Nebraska, over the weekend. Bloomberg News |
Warren Buffett attacked the government's stress tests of 19 large US banks, saying they failed to properly assess the industry's health, and that he would buy more shares in three big banks Berkshire Hathaway Inc already owns.
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