[Reuters] Buffett dives into GE amid "economic Pearl Harbor"

Posted by: UGN Security

[Reuters] Buffett dives into GE amid "economic Pearl Harbor" - 10/01/08 04:49 PM

NEW YORK (Reuters) - Warren Buffett's $3 billion commitment to General Electric Co is the latest attempt by perhaps the world's most revered investor to dive into a beaten-down company he believes has staying power, despite a global credit crisis he calls an "economic Pearl Harbor."