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Warren Buffett tackles bankers’ bonuses

Profiles - Posted: October 26, 2009

'It's infuriating for people to see their friends losing their jobs, their friends having their homes foreclosed on and no one going to jail'

Warren Buffett has given another insight into the thinking that has made him one of the most successful investors ever.

In a BBC interview, the Sage of Omaha criticised the huge rewards enjoyed by those in the financial industry and called for a more "progressive" taxation system. The second-richest man in the world also sympathised with those who are furious with the bankers who helped to create the financial crisis.

The interview shows that the 79-year old has lost none of his charm. Buffett jokes that in another life he would probably have been devoured by a wild animal. He also defended his use of a private jet, the definitive symbol of corporate excess, on the grounds it made his life easier - even though it did undermine his "Huckleberry Finn" image.

The full interview will be shown on BBC2 at 9pm tonight - but here are some of the highlights:

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Joseph Ajilore

Apparently, I'm far more interesting in person. Co-founder of YHP and many other things.

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