Warren Buffett remembers the 2008 financial crisis
Ten years later, billionaire investor Warren Buffett reflects on the causes and impact of the 2008 financial crisis, his own involvement in efforts to provide financial lifelines to some of the key players, and how it compared to previous economic disasters. This is the complete interview conducted by Andrew Ross Sorkin on July 11, 2018. Excerpts appeared in the CNBC documentary "Crisis on Wall Street: The Week That Shook the World" that premiered on September 12, 2018.
Wed, Jul 11 2018 • 2:00 PM EDT
Key Chapters —
1. What contributed to the 2008 housing crisis?
2. At first, it felt like "hiccups"
3. "A panic like you've never seen"
4. Why Buffett didn't invest in Lehman in March 2008
5. Why Buffett didn't invest in AIG in September, 2008