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Warren Buffett Says Economy Showing Real Strength
OMAHA, Neb. (AP) -- Billionaire Warren Buffett says the economy has begun to show real strength over the last couple months, and consumers who can afford to are spending more.

Buffett appeared on CNBC Monday after the weekend's Berkshire Hathaway shareholder meeting.

Berkshire's Chairman and CEO says he's seen the most strength in his company's businesses that supply other companies like Iscar tool making and MiTek electronics.

Buffett also reiterated comments he made over the weekend in support of Goldman Sachs. Buffett says he still feels good about the investment bank Berkshire invested $5 billion in nearly two years ago, and he doesn't see evidence of fraud in the government's lawsuit against Goldman.

On the Net:
Berkshire Hathaway Inc.: www.berkshirehathaway.com

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05 03 10 by Newsroom
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