Billionaire Warren Buffett to Advise Barack Obama on the Economy

By: Errol mars

Barack Obama said he is meeting with his economic advisers including billionaire investor Warren Buffett and Google Inc. Chairman Eric Schmidt to discuss strengthening the housing and financial markets and to talk more about long-term economic strategies.

According to media reports, billionaire investor Warren Buffett is participating with Barack Obama in a meeting about the economy along with Google Inc. Chairman Eric Schmidt, former Treasury Secretaries Robert Rubin and Larry Summers and former Labor Secretary Bob Reich. New Jersey Gov. Jon Corzine, a former Goldman Sachs Group Inc. co-chairman, and former Federal Reserve Chairman Paul Volcker.

"I expect some further fine-tuning of short-term policies based on what's happened over the last several months,'' Obama said in an interview last night aboard his presidential campaign plane returning to Chicago from London.

The Illinois senator, said he wants to "really work through in detail some of the immediate steps that may need to be taken both between now and the end of the year and after inauguration'' to strengthen the housing and financial markets and to talk more about long-term economic strategies.

Tags: Barack Obama, Feature

Related Sponsors:

If you like this article then please consider subscribing to our RSS feed. You can also subscribe by Email and have new posts sent directly to your inbox. You can also subscribe by adding our feed to one of the following services by clicking on the appropriate buttons.