Warren Buffett joked that he would be 'eating Thanksgiving dinner at McDonald's' if the US government hadn't bailed out the banks in 2008
Warren Buffettjoked in a CNBC interview in 2010 that he would've faced a fast-food Thanksgivingin 2008 if US authorities hadn't saved the financial system.
- "If the government hadn't acted, I would be eating Thanksgiving dinner at
McDonald's," he said.
- The famed investor and
Berkshire HathawayCEO wouldn't mind too much, as he typically picks up breakfast at the restaurant chain on his way to work.
- Buffett is also the proud owner of a McDonald's gold card, meaning he can eat for free at the company's restaurants in Omaha.
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Warren Buffett would have celebrated Thanksgiving with a Big Mac, fries, and a milkshake in 2008 if US officials hadn't bailed out the banks, he joked in a CNBC interview in 2010.
"If the government hadn't acted, I would be eating Thanksgiving dinner at McDonald's," he quipped.Read more: An innovation-focused portfolio manager at a $158 billion firm shares 8 disruptive stocks across multiple industries he thinks could grow 30% every year over the next decade
Buffett typically grabs breakfast at McDonald's during his morning drive to the office, opting for a pricier bacon-egg-and-cheese biscuit if he's feeling especially wealthy. He also carries one of the restaurant chain's gold cards, which entitles him to free McDonald's meals for life in his hometown of Omaha, Nebraska."That's why the Buffett family has Christmas dinner at McDonald's," he joked in a CNBC interview in 2007.
Read more: A senior portfolio manager at Morgan Stanley's $665 billion investment-management business shares his playbook as stocks run higher in 2020 — and 3 non-COVID threats that will occupy his attention in 2021Buffett isn't shy about showing his love for McDonald's or his thriftiness — even when he's spending time with
Giving thanks to the government
Buffett joked about celebrating Thanksgiving at McDonald's shortly after he praised the US government's financial-crisis interventions in a New York Times op-ed article.
"The challenge was huge, and many people thought you were not up to it," he wrote. "Well, Uncle Sam, you delivered."The investor signed the letter "Your grateful nephew, Warren."
There are few people more qualified than Buffett to judge the federal response in that period. When credit
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