Shareholders have reaped handsome gains since Warren Buffett took control of Berkshire in the 1960s. Photo: Johannes Eisele/AFP via Getty Images
Jonathan Stempel
Warren Buffett has criticized the handling of recent turmoil in the U.S. banking sector and said a debt-ceiling showdown could bring “turbulence” to the financial system, despite his vote of confidence in the U.S. and its corporate Berkshire Hathaway.
