Buffett says debt default would spark turmoil, has confidence in U.S.
By Jonathan Stempel, Carolina Mandl and John McCrank OMAHA/NEW YORK (Reuters) -Warren Buffett on Saturday offered a vote of confidence in the United States, saying he could not imagine the government letting it default on its debt and risk letting the world’s financial system “go into turmoil.” Speaking at Berkshire Hathaway Inc’s annual meeting in downtown Omaha, Buffett also said it would have been “catastrophic” for regulators not to step […]