Warren Buffett, 81, has been diagnosed with prostate cancer, his Berkshire Hathaway company announced Tuesday afternoon. The cancer is at Stage 1, according to MarketWatch. The billionaire investor's condition is not life-threatening, he says.
Buffett send a letter to Berkshire Hathaway shareholders to inform and reassure them. Here's the text of that letter:
On a panel at an ideas conference in New York City, Rattner noted that before the financial crisis began in 2008, Wall Street was the "global leader in finance. ... But of course, it got out of control."