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Buffett: US banks won’t cause problems for economy

By Josh Funk
Published
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OMAHA, Neb. (AP) — Billionaire Warren Buffett says that American banks are stronger than they’ve been in years, and won’t derail the economy.

Buffett, who is the chairman and CEO of Berkshire Hathaway Inc., told Bloomberg television that nation’s biggest banks have improved their financial position considerably.

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