Warren Buffett, the Chairman and CEO of Berkshire Hathaway (BRK) will only be speaking with one news network during market hours today: Fox Business. Here's why this interview takes on added importance and urgency: the bond market is showing signs of cracks in early trade.
After making a $5 billion dollar bet on Goldman Sachs (GS)last night by investing the grand chunk of money in Goldman's preferred shares, Warren Buffett's coming on to talk with us on Fox Business at 2pm ET to tell us WHY he did it, WHY he feels Congress needs to pass this rescue plan ASAP, WHAT he finds attractive in the deal, WHO he thinks needs to run the government's rescue plan, and HOW he thinks this financial crisis will eventually play out. Don't miss it. 2pm ET.