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Economy: Buffett's Bet / Railroads #952311

ABC Evening News for Tuesday, Nov 03, 2009
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(Studio: Charles Gibson) Report introduced.

(Studio: Bianna Golodryga) The purchase by Warren Buffett's Berkshire Hathaway company of the Burlington Northern Railroad featured; his statement on his confidence in the US economy quoted. [This summer, in interview, BUFFETT - says railroads are important.] [RDG Economics economist John RYDING†- talks about the railroads as an investment.] The focus of former Federal Reserve Board chairman Alan Greenspan†† on scrap steel prices, former GE CEO Jack Welch on light bulb sales & Treasury Secretary Tim Geithner's monitoring of 60 indicators noted.

Reporter(s):
Gibson, Charles;
Golodryga, Bianna
Duration:
00:02:30

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