{"id":203301,"date":"2010-01-20T10:11:00","date_gmt":"2010-01-20T15:11:00","guid":{"rendered":"tag:blogger.com,1999:blog-3087194156628161158.post-3378064545619088342"},"modified":"2010-01-20T10:16:17","modified_gmt":"2010-01-20T15:16:17","slug":"cnbc-warren-buffett-i-would-have-voted-against-kraft-cadbury-deal","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/203301","title":{"rendered":"CNBC: Warren Buffett : I Would Have Voted Against Kraft-Cadbury Deal"},"content":{"rendered":"<p><!-- AddThis Button BEGIN --><\/p>\n<div class=\"w100p clr cnbc_blgwlt_dot\" archive=\"urn:schemas-microsoft-com:workbench:xslt:archive\">\n<div class=\"padT\">\n<div class=\"fL w349\">\n<div class=\"fL tool_datetime clr\">Published:       <span class=\"cnbc_sbhd_comp\">Wednesday, 20 Jan 2010 | 9:39 AM ET <\/span><\/div>\n<\/div>\n<div class=\"fR tool_textsize\"><span class=\"cnbc_sbhd_comp fL padR\"><br \/><\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"w100p clr cnbc_blgwlt_dot\" archive=\"urn:schemas-microsoft-com:workbench:xslt:archive\">\n<div class=\"w100p fL clr padT marB20\">\n<div class=\"fL clr padB20\">\n<div class=\"fL\"><span class=\"cnbc_sbhd_comp\">By: Alex Crippen<br \/>Executive Producer<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a name=\"StoryImage\"><\/a><\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span><\/p>\n<table style=\"padding: 5px 15px 0pt 0pt;\" align=\"left\" border=\"0\" cellpadding=\"0\" cellspacing=\"0\" width=\"1%\">\n<tbody>\n<tr>\n<td><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/Sections\/News_And_Analysis\/__Story_Inserts\/graphics\/__PEOPLE\/B\/Buffett_Warren_19_200.jpg\" title=\"Warren Buffett\" alt=\"Warren Buffett\" align=\"Left\" border=\"0\" height=\"150\" hspace=\"0\" vspace=\"0\" width=\"200\" \/><\/td>\n<\/tr>\n<tr>\n<td>\n<div class=\"credit\" style=\"text-align: right; margin-bottom: 5px;\">Getty Images<\/div>\n<div class=\"credit\">Warren Buffett<\/div>\n<hr color=\"#c0c0c0\" noshade=\"noshade\" size=\"1\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Warren Buffett tells CNBC in a <a href=\"http:\/\/everythingwarrenbuffett.blogspot.com\/2010\/01\/cnbc-video-becky-quick-one-on-one-with.html\">live interview<\/a> on <b><strong><strong>Squawk Box<\/strong> <\/strong><\/b>this morning that he has &#8220;a lot of doubts&#8221; about <a style=\"font-weight: bold;\" href=\"http:\/\/everythingwarrenbuffett.blogspot.com\/2010\/01\/kraft-foods-company-recommended-final.html\">Kraft&#8217;s <\/a><b><strong><a style=\"font-weight: bold;\" href=\"http:\/\/everythingwarrenbuffett.blogspot.com\/2010\/01\/kraft-foods-company-recommended-final.html\"><strong>planned purchase of Cadbury<\/strong><\/a> <\/strong><\/b>and that he &#8220;feels poor&#8221; in the wake of the deal.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>The deal does not need to be approved by shareholders, but &#8220;If I had a chance to vote on this, I&#8217;d vote no.&#8221;<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Kraft shares are down over two percent in pre-market trading on his comments.  Current price: <span id=\"WSODQ_COMPONENT_KFT_ID0EOGAC15839609\"><script type=\"text\/javascript\">cnbc_comboQuoteMove('popup_KFT_ID0EOGAC15839609');<\/script><span id=\"span_quote_KFT_ID0EOGAC15839609\" style=\"text-decoration: none;\" onmouseover=\"cnbc_spanTipPopShow('combo_popup_KFT_ID0EOGAC15839609',this,'0','15');\" onmouseout=\"cnbc_spanTipPopTimeHide('combo_popup_KFT_ID0EOGAC15839609',this,'0','15');\"><a style=\"font-family: Arial; font-weight: bold; font-size: 12px; color: rgb(0, 66, 118); text-decoration: none;\" onmouseover=\"this.style.color='#Fc7410'\" onmouseout=\"this.style.color='#004276'\" href=\"http:\/\/data.cnbc.com\/quotes\/KFT\" class=\"black_no_change\"><span id=\"set_quote_KFT_ID0EOGAC15839609\">[<\/span><span id=\"WSODQSTREAMOFF_KFT_SYMBOL_1_ID0EOGAC15839609\">KFT<\/span>    <span id=\"WSODQSTREAMOFF_KFT_LAST_1_ID0EOGAC15839609\">28.755<\/span>    <span id=\"WSODQSTREAMOFF_KFT_CHANGEARROW_1_ID0EOGAC15839609\"><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/componentbacks\/watchlist_down.gif\" border=\"0\" \/><\/span>      <span class=\"red_neg_change\" id=\"WSODQSTREAMOFF_KFT_DYNACOLOR0_1_ID0EOGAC15839609\"><span id=\"WSODQSTREAMOFF_KFT_CHANGE_1_ID0EOGAC15839609\">-0.655<\/span>    <span id=\"WSODQSTREAMOFF_KFT_UNCHHIDE_1_ID0EOGAC15839609\" class=\"WSODQ_CHGSHOW\">(<span id=\"WSODQSTREAMOFF_KFT_CHANGEPCT_1_ID0EOGAC15839609\">-2.23%<\/span>)<span id=\"WSODQSTREAMOFF_KFT_FLASH_1_ID0EOGAC15839609\"><\/span><\/span><\/span>      <span><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/backgrounds\/realtime_icon.gif\" border=\"0\" \/><\/span>]<\/a><\/span><\/span><script type=\"text\/javascript\">         cnbc_quoteComponent_init_getData(\"KFT\",\"WSODQ_COMPONENT_KFT_ID0EOGAC15839609\",\"WSODQ\",\"true\",\"ID0EOGAC15839609\",\"off\",\"false\",\"inLineQuote\");         <\/script><\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Despite his criticism, Buffett rejected Joe Kernen&#8217;s suggestion that he show his displeasure by selling Berkshire&#8217;s stake of over 9 percent in Kraft.  That, he says, would be too expensive because Kraft&#8217;s stock is still &#8220;undervalued&#8221; but not as undervalued as it was three weeks ago.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Buffett also strongly criticized Kraft&#8217;s recent sale of a pizza business to Nestle at a price he believes was too low.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>But he says Kraft CEO Irene Rosenfeld is a &#8220;good operator&#8221; and a &#8220;good person.&#8221;  He has &#8220;cordial relations&#8221; with her despite their &#8220;difference of opinion.&#8221;<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>He thinks &#8220;deal momentum&#8221; fueled by the investment bankers may have helped push the Kraft-Cadbury deal forward.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Will Buffett become a more activist shareholder in the future?  He says no, he&#8217;s getting it out of his system now.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>On the economy, he says Berkshire Hathaway subsidiaries have shed around 25,000 jobs in the last 12 to 18 months, and won&#8217;t be rehiring &#8220;until orders start coming in.&#8221;<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>And he thinks &#8220;you&#8217;re not going to have people feeling good until jobs come back,&#8221; although &#8220;a lot of the housing crisis is behind us.&#8221;<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>While the economy remains Buffett&#8217;s biggest concern, he again repeated his long-held belief that it will rebound strongly over a period of years.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>He repeats his belief that its better to hold stocks than cash or bonds.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Buffett also tells us the proposed 50-for-1 stock split of Berkshire Hathaway&#8217;s Class B shares does not mean he&#8217;s changing his mind on all his other long-held beliefs.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Buffett had consistently rejected a stock split, but says today that it was a &#8220;simple&#8221; decision to make because it will facilitate Berkshire&#8217;s <b><strong><a href=\"http:\/\/www.cnbc.com\/id\/33602516\/\"><strong>planned acquisition of Burlington Northern Santa Fe.<\/strong><\/a><\/strong><\/b><\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Buffett says the split &#8220;makes sense&#8221; and he&#8217;s confident he has the votes to win shareholder approval of the move.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>He still doesn&#8217;t like the idea of stock splits and issuing new shares, but feels it&#8217;s necessary for the Burlington deal which will bring a &#8220;great long-term asset&#8221; to Berkshire.  He enjoys the stock moves &#8220;as much as I enjoy preparing for a colonoscopy.&#8221;<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Asked about the <a href=\"http:\/\/everythingwarrenbuffett.blogspot.com\/2010\/01\/cnbc-korean-steelmaker-posco-rallies-on.html\"><b><strong><strong>announcement yesterday<\/strong><\/strong><\/b><\/a> by Korean steelmaker POSCO that Buffett told its CEO he will raise Berkshire&#8217;s stake in the company, Buffett says he has no immediate plans to buy and agreed with Becky that his comments may have been &#8220;lost in translation.&#8221;<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Buffett doesn&#8217;t approve of <b><strong><a href=\"http:\/\/www.cnbc.com\/id\/34856884\/\"><strong>President Obama&#8217;s proposed tax on banks<\/strong><\/a> <\/strong><\/b>to help pay for the government&#8217;s bailout of financial firms.  He thinks its not fair for banks that have already paid back the government&#8217;s investment in them to be forced to make up Washington&#8217;s losses on Fannie Mae and Freddie Mac.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>He does think the U.S. government should not backstop investment banks such as <b><strong>Goldman Sachs <span id=\"WSODQ_COMPONENT_GS_ID0EKOAC15839609\"><script type=\"text\/javascript\">cnbc_comboQuoteMove('popup_gs_ID0EKOAC15839609');<\/script><span id=\"span_quote_gs_ID0EKOAC15839609\" style=\"text-decoration: none;\" onmouseover=\"cnbc_spanTipPopShow('combo_popup_gs_ID0EKOAC15839609',this,'0','15');\" onmouseout=\"cnbc_spanTipPopTimeHide('combo_popup_gs_ID0EKOAC15839609',this,'0','15');\"><a style=\"font-family: Arial; font-weight: bold; font-size: 12px; color: rgb(0, 66, 118); text-decoration: none;\" onmouseover=\"this.style.color='#Fc7410'\" onmouseout=\"this.style.color='#004276'\" href=\"http:\/\/data.cnbc.com\/quotes\/gs\" class=\"black_no_change\"><span id=\"set_quote_gs_ID0EKOAC15839609\">[<\/span><span id=\"WSODQSTREAMOFF_GS_SYMBOL_1_ID0EKOAC15839609\">GS<\/span>    <span id=\"WSODQSTREAMOFF_GS_LAST_1_ID0EKOAC15839609\">165.84<\/span>    <span id=\"WSODQSTREAMOFF_GS_CHANGEARROW_1_ID0EKOAC15839609\"><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/componentbacks\/watchlist_down.gif\" border=\"0\" \/><\/span>      <span class=\"red_neg_change\" id=\"WSODQSTREAMOFF_GS_DYNACOLOR0_1_ID0EKOAC15839609\"><span id=\"WSODQSTREAMOFF_GS_CHANGE_1_ID0EKOAC15839609\">-1.02<\/span>    <span id=\"WSODQSTREAMOFF_GS_UNCHHIDE_1_ID0EKOAC15839609\" class=\"WSODQ_CHGSHOW\">(<span id=\"WSODQSTREAMOFF_GS_CHANGEPCT_1_ID0EKOAC15839609\">-0.61%<\/span>)<span id=\"WSODQSTREAMOFF_GS_FLASH_1_ID0EKOAC15839609\"><\/span><\/span><\/span>      <span><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/backgrounds\/realtime_icon.gif\" border=\"0\" \/><\/span>]<\/a><\/span><\/span><script type=\"text\/javascript\">         cnbc_quoteComponent_init_getData(\"gs\",\"WSODQ_COMPONENT_GS_ID0EKOAC15839609\",\"WSODQ\",\"true\",\"ID0EKOAC15839609\",\"off\",\"false\",\"inLineQuote\");         <\/script>.<\/strong><\/b><\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Buffett thinks &#8220;the banks are cleaning up their own mess,&#8221; and many aren&#8217;t making &#8220;obscene profits,&#8221; despite popular concceptions.  But he does have a problem with CEOs getting big pay packages when they leave a bank that needed to be bailed out by the government.  Instead, he says, the CEO should &#8220;essentially be wiped out.&#8221;<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Buffett again endorses the job Ben Bernanke has done as Federal Reserve Chairman, calling for the Senate to confirm him and joking that there would be a big market stock selloff if Bernanke does not win Congressional approval.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span><b><strong>Current stock prices:<\/strong><\/b><\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Berkshire Class A: <span id=\"WSODQ_COMPONENT_BRK.A_ID0EWDAE15839609\"><script type=\"text\/javascript\">cnbc_comboQuoteMove('popup_BRK.A_ID0EWDAE15839609');<\/script><span id=\"span_quote_BRK.A_ID0EWDAE15839609\" style=\"text-decoration: none;\" onmouseover=\"cnbc_spanTipPopShow('combo_popup_BRK.A_ID0EWDAE15839609',this,'0','15');\" onmouseout=\"cnbc_spanTipPopTimeHide('combo_popup_BRK.A_ID0EWDAE15839609',this,'0','15');\"><a style=\"font-family: Arial; font-weight: bold; font-size: 12px; color: rgb(0, 66, 118); text-decoration: none;\" onmouseover=\"this.style.color='#Fc7410'\" onmouseout=\"this.style.color='#004276'\" href=\"http:\/\/data.cnbc.com\/quotes\/BRK.A\" class=\"black_no_change\"><span id=\"set_quote_BRK.A_ID0EWDAE15839609\">[<\/span><span id=\"WSODQSTREAMOFF_BRK.A_SYMBOL_1_ID0EWDAE15839609\">BRK.A<\/span>    <span id=\"WSODQSTREAMOFF_BRK.A_LAST_1_ID0EWDAE15839609\">100700.00<\/span>    <span id=\"WSODQSTREAMOFF_BRK.A_CHANGEARROW_1_ID0EWDAE15839609\"><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/componentbacks\/watchlist_up.gif\" border=\"0\" \/><\/span>      <span class=\"green_pos_change\" id=\"WSODQSTREAMOFF_BRK.A_DYNACOLOR0_1_ID0EWDAE15839609\"><span id=\"WSODQSTREAMOFF_BRK.A_CHANGE_1_ID0EWDAE15839609\">670.00<\/span>    <span id=\"WSODQSTREAMOFF_BRK.A_UNCHHIDE_1_ID0EWDAE15839609\" class=\"WSODQ_CHGSHOW\">(<span id=\"WSODQSTREAMOFF_BRK.A_CHANGEPCT_1_ID0EWDAE15839609\">+0.67%<\/span>)<span id=\"WSODQSTREAMOFF_BRK.A_FLASH_1_ID0EWDAE15839609\"><\/span><\/span><\/span>      <span><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/backgrounds\/realtime_icon.gif\" border=\"0\" \/><\/span>]<\/a><\/span><\/span><script type=\"text\/javascript\">         cnbc_quoteComponent_init_getData(\"BRK.A\",\"WSODQ_COMPONENT_BRK.A_ID0EWDAE15839609\",\"WSODQ\",\"true\",\"ID0EWDAE15839609\",\"off\",\"false\",\"inLineQuote\");         <\/script><\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Berkshire Class B: <span id=\"WSODQ_COMPONENT_BRK.B_ID0E3IAE15839609\"><script type=\"text\/javascript\">cnbc_comboQuoteMove('popup_BRK.B_ID0E3IAE15839609');<\/script><span id=\"span_quote_BRK.B_ID0E3IAE15839609\" style=\"text-decoration: none;\" onmouseover=\"cnbc_spanTipPopShow('combo_popup_BRK.B_ID0E3IAE15839609',this,'0','15');\" onmouseout=\"cnbc_spanTipPopTimeHide('combo_popup_BRK.B_ID0E3IAE15839609',this,'0','15');\"><a style=\"font-family: Arial; font-weight: bold; font-size: 12px; color: rgb(0, 66, 118); text-decoration: none;\" onmouseover=\"this.style.color='#Fc7410'\" onmouseout=\"this.style.color='#004276'\" href=\"http:\/\/data.cnbc.com\/quotes\/BRK.B\" class=\"black_no_change\"><span id=\"set_quote_BRK.B_ID0E3IAE15839609\">[<\/span><span id=\"WSODQSTREAMOFF_BRK.B_SYMBOL_1_ID0E3IAE15839609\">BRK.B<\/span>    <span id=\"WSODQSTREAMOFF_BRK.B_LAST_1_ID0E3IAE15839609\">3358.00<\/span>    <span id=\"WSODQSTREAMOFF_BRK.B_CHANGEARROW_1_ID0E3IAE15839609\"><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/componentbacks\/watchlist_up.gif\" border=\"0\" \/><\/span>      <span class=\"green_pos_change\" id=\"WSODQSTREAMOFF_BRK.B_DYNACOLOR0_1_ID0E3IAE15839609\"><span id=\"WSODQSTREAMOFF_BRK.B_CHANGE_1_ID0E3IAE15839609\">26.00<\/span>    <span id=\"WSODQSTREAMOFF_BRK.B_UNCHHIDE_1_ID0E3IAE15839609\" class=\"WSODQ_CHGSHOW\">(<span id=\"WSODQSTREAMOFF_BRK.B_CHANGEPCT_1_ID0E3IAE15839609\">+0.78%<\/span>)<span id=\"WSODQSTREAMOFF_BRK.B_FLASH_1_ID0E3IAE15839609\"><\/span><\/span><\/span>      <span><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/backgrounds\/realtime_icon.gif\" border=\"0\" \/><\/span>]<\/a><\/span><\/span><script type=\"text\/javascript\">         cnbc_quoteComponent_init_getData(\"BRK.B\",\"WSODQ_COMPONENT_BRK.B_ID0E3IAE15839609\",\"WSODQ\",\"true\",\"ID0E3IAE15839609\",\"off\",\"false\",\"inLineQuote\");         <\/script><\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Burlington Northern: <span id=\"WSODQ_COMPONENT_BNI_ID0ECOAE15839609\"><script type=\"text\/javascript\">cnbc_comboQuoteMove('popup_BNI_ID0ECOAE15839609');<\/script><span id=\"span_quote_BNI_ID0ECOAE15839609\" style=\"text-decoration: none;\" onmouseover=\"cnbc_spanTipPopShow('combo_popup_BNI_ID0ECOAE15839609',this,'0','15');\" onmouseout=\"cnbc_spanTipPopTimeHide('combo_popup_BNI_ID0ECOAE15839609',this,'0','15');\"><a style=\"font-family: Arial; font-weight: bold; font-size: 12px; color: rgb(0, 66, 118); text-decoration: none;\" onmouseover=\"this.style.color='#Fc7410'\" onmouseout=\"this.style.color='#004276'\" href=\"http:\/\/data.cnbc.com\/quotes\/BNI\" class=\"black_no_change\"><span id=\"set_quote_BNI_ID0ECOAE15839609\">[<\/span><span id=\"WSODQSTREAMOFF_BNI_SYMBOL_1_ID0ECOAE15839609\">BNI<\/span>    <span id=\"WSODQSTREAMOFF_BNI_LAST_1_ID0ECOAE15839609\">99.23<\/span>    <span id=\"WSODQSTREAMOFF_BNI_CHANGEARROW_1_ID0ECOAE15839609\"><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/componentbacks\/watchlist_up.gif\" border=\"0\" \/><\/span>      <span class=\"green_pos_change\" id=\"WSODQSTREAMOFF_BNI_DYNACOLOR0_1_ID0ECOAE15839609\"><span id=\"WSODQSTREAMOFF_BNI_CHANGE_1_ID0ECOAE15839609\">0.09<\/span>    <span id=\"WSODQSTREAMOFF_BNI_UNCHHIDE_1_ID0ECOAE15839609\" class=\"WSODQ_CHGSHOW\">(<span id=\"WSODQSTREAMOFF_BNI_CHANGEPCT_1_ID0ECOAE15839609\">+0.09%<\/span>)<span id=\"WSODQSTREAMOFF_BNI_FLASH_1_ID0ECOAE15839609\"><\/span><\/span><\/span>      <span><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/backgrounds\/realtime_icon.gif\" border=\"0\" \/><\/span>]<\/a><\/span><\/span><script type=\"text\/javascript\">         cnbc_quoteComponent_init_getData(\"BNI\",\"WSODQ_COMPONENT_BNI_ID0ECOAE15839609\",\"WSODQ\",\"true\",\"ID0ECOAE15839609\",\"off\",\"false\",\"inLineQuote\");         <\/script><\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Wells Fargo: <span id=\"WSODQ_COMPONENT_WFC_ID0EITAE15839609\"><script type=\"text\/javascript\">cnbc_comboQuoteMove('popup_WFC_ID0EITAE15839609');<\/script><span id=\"span_quote_WFC_ID0EITAE15839609\" style=\"text-decoration: none;\" onmouseover=\"cnbc_spanTipPopShow('combo_popup_WFC_ID0EITAE15839609',this,'0','15');\" onmouseout=\"cnbc_spanTipPopTimeHide('combo_popup_WFC_ID0EITAE15839609',this,'0','15');\"><a style=\"font-family: Arial; font-weight: bold; font-size: 12px; color: rgb(0, 66, 118); text-decoration: none;\" onmouseover=\"this.style.color='#Fc7410'\" onmouseout=\"this.style.color='#004276'\" href=\"http:\/\/data.cnbc.com\/quotes\/WFC\" class=\"black_no_change\"><span id=\"set_quote_WFC_ID0EITAE15839609\">[<\/span><span id=\"WSODQSTREAMOFF_WFC_SYMBOL_1_ID0EITAE15839609\">WFC<\/span>    <span id=\"WSODQSTREAMOFF_WFC_LAST_1_ID0EITAE15839609\">28.35<\/span>    <span id=\"WSODQSTREAMOFF_WFC_CHANGEARROW_1_ID0EITAE15839609\"><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/componentbacks\/watchlist_up.gif\" border=\"0\" \/><\/span>      <span class=\"green_pos_change\" id=\"WSODQSTREAMOFF_WFC_DYNACOLOR0_1_ID0EITAE15839609\"><span id=\"WSODQSTREAMOFF_WFC_CHANGE_1_ID0EITAE15839609\">0.07<\/span>    <span id=\"WSODQSTREAMOFF_WFC_UNCHHIDE_1_ID0EITAE15839609\" class=\"WSODQ_CHGSHOW\">(<span id=\"WSODQSTREAMOFF_WFC_CHANGEPCT_1_ID0EITAE15839609\">+0.25%<\/span>)<span id=\"WSODQSTREAMOFF_WFC_FLASH_1_ID0EITAE15839609\"><\/span><\/span><\/span>      <span><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/backgrounds\/realtime_icon.gif\" border=\"0\" \/><\/span>]<\/a><\/span><\/span><script type=\"text\/javascript\">         cnbc_quoteComponent_init_getData(\"WFC\",\"WSODQ_COMPONENT_WFC_ID0EITAE15839609\",\"WSODQ\",\"true\",\"ID0EITAE15839609\",\"off\",\"false\",\"inLineQuote\");         <\/script><\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span><\/p>\n<p><a name=\"comments\"><span style=\"font-weight: bold;\">Share Investor Links<\/span><\/a><a name=\"comments\"><\/a><\/p>\n<p><a href=\"http:\/\/www.shareinvestorblog.com\/\">Share Investor Blog<\/a> &#8211; Stockmarket &amp; Business commentary<br \/><a href=\"http:\/\/shareinvestornz.blogspot.com\/2007\/02\/new-zealand-business-news.html\">Share Investor New Zealand Business News<\/a>&#8211; Get more business news<br \/>Discuss this topic @<a href=\"http:\/\/www.shareinvestorforum.com\/\"> Share Investor Forum<\/a> &#8211; <a href=\"http:\/\/shareinvestorforum.com\/ucp.php?mode=register&amp;sid=450a61250472e03fa25c205c9c1723f1\"><strong>Register<strong><\/strong><\/strong><\/a> free<br \/><a href=\"http:\/\/www.currency-market.blogspot.com\/\">Share Investor&#8217;s Daily Forex Updates<\/a><\/p>\n<p><span style=\"font-weight: bold;\">Recommended Amazon Reading<\/span><\/p>\n<table id=\"searchResults\" cellspacing=\"0\">\n<tbody>\n<tr class=\"clsOdd\">\n<td class=\"tdimage\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/0966446127\"><img decoding=\"async\" src=\"http:\/\/ecx.images-amazon.com\/images\/I\/315%2BfrL4YuL._SL75_.jpg\" alt=\"The Essays of Warren Buffett: Lessons for Corporate America, Second Edition\" \/><\/a><\/td>\n<td class=\"tddescription\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/0966446127\">The Essays of Warren Buffett: Lessons for Corporate America, Second Edition<\/a> by <span class=\"by\">Warren E. Buffett<\/span><br \/>Buy new:        $26.01       \/ Used from:        $26.00<br \/><span class=\"availability\">Usually ships in 24 hours<\/span><\/td>\n<\/tr>\n<tr class=\"clsEven\">\n<td class=\"tdimage\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/1416573186\"><img decoding=\"async\" src=\"http:\/\/ecx.images-amazon.com\/images\/I\/41ZkoqL3OTL._SL75_.jpg\" alt=\"Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage\" \/><\/a><\/td>\n<td class=\"tddescription\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/1416573186\">Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage<\/a> by <span class=\"by\">Mary Buffett<\/span><br \/>Buy new:        $16.47       \/ Used from:        $15.69<br \/><span class=\"availability\">Usually ships in 24 hours<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><iframe loading=\"lazy\" border=\"0\" marginheight=\"0\" marginwidth=\"0\" src=\"http:\/\/rcm.amazon.com\/e\/cm?t=sharinve-20&amp;o=1&amp;p=7&amp;l=ez&amp;f=ifr&amp;f=ifr\" style=\"border: medium none ;\" frameborder=\"0\" height=\"40\" scrolling=\"no\" width=\"260\"><\/iframe><script type=\"text\/javascript\">var addthis_pub=\"shareinvestor\";<\/script><script type=\"text\/javascript\">var addthis_pub=\"shareinvestor\";<\/script><a name=\"StoryImage\"><\/a><\/p>\n<div><script type=\"text\/javascript\">var addthis_pub=\"shareinvestor\";<\/script><\/p>\n<p><a name=\"data:post.title\" id=\"data:post.url\" onmouseover=\"'return\" onmouseout=\"addthis_close()\" onclick=\"return addthis_sendto()\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/s7.addthis.com\/static\/btn\/lg-share-en.gif\" alt=\"Bookmark and Share\" style=\"border: 0pt none ;\" height=\"16\" width=\"125\" \/><\/a><script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/200\/addthis_widget.js\"><\/script><\/div>\n<p><!-- AddThis Button END --><\/p>\n<div class=\"blogger-post-footer\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1811166043296468\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 60;\ngoogle_ad_format = \"468x60_as\";\ngoogle_ad_type = \"image\";\ngoogle_ad_channel =\"\";\n\/\/--><\/script><br \/>\n<script type=\"text\/javascript\"\n  src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><img width='1' height='1' src='https:\/\/blogger.googleusercontent.com\/tracker\/3087194156628161158-3378064545619088342?l=everythingwarrenbuffett.blogspot.com' alt='' \/><\/div>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/FSyhxZ1RtGQDW-bhU9MTn7z4Cns\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/FSyhxZ1RtGQDW-bhU9MTn7z4Cns\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/FSyhxZ1RtGQDW-bhU9MTn7z4Cns\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/FSyhxZ1RtGQDW-bhU9MTn7z4Cns\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/EverythingWarrenBuffett?a=wCED1yYU4d4:wAqt-jUAjY0:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/EverythingWarrenBuffett?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/EverythingWarrenBuffett\/~4\/wCED1yYU4d4\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Published: Wednesday, 20 Jan 2010 | 9:39 AM ET By: Alex CrippenExecutive Producer Getty Images Warren Buffett Warren Buffett tells CNBC in a live interview on Squawk Box this morning that he has &#8220;a lot of doubts&#8221; about Kraft&#8217;s planned purchase of Cadbury and that he &#8220;feels poor&#8221; in the wake of the deal. The [&hellip;]<\/p>\n","protected":false},"author":833,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-203301","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/203301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/833"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=203301"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/203301\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=203301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=203301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=203301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}