Watching Warren Buffett moves before the new year.

Hi,

Mr. Warren Buffett had made 3 move just after Christmas just in one-week time.

1. Berkshire Hathaway buys 60 percent of Marmon Holdings from Chicago's wealthy Pritzker family.
2. Berkshire Hathaway starting a new company that will insure debt issued by state and local governments. Name of the new company will be call: "Berkshire Hathaway Assurance Corp".
3. Berkshire Hathaway had agreed to buy the ING Group for 300 million euros.
   

As the stock market is having so much of worry about the credit crisis, the stock market are tumbling down from their highest point DOW above 14,000 to 13,365.87, the S&P above 1,550 to 1,478.49 and NASDAQ above 2,800 to 2,674.46 after market close on Friday.
Mr. Buffett told CNBC:"We've got a wonderful economy... There's never been anything like that in the history of the world. We live seven times better than the people did a century ago on average... We've had problems all along. If you look at the last century, we had that Great Depression and World War Two, we had the Cold War, we had the atomic bomb, but the country does well." For more information click Warren Buffett Watch's 8 Predictions for '08 - And Beyond.
Mr. Buffett also told CNBC: "Buying Marmon Holdings from Chicago's wealthy Pritzker family is a very large bet on America over a long period of time. " Mr. Buffett has confident about the America economy for long term. Click Warren Buffett's "Bet on America": The Complete CNBC Interview.Mr. Buffett like insurance companies the acquisition of NRG NV reinsurance unit of ING Group NV. ING Group NV is a global financial services company of Dutch origin with 150 years of experience, providing a wide array of banking, insurance and asset management services in over 50 countries. Berkshire Hathaway will be selling Dutch reinsurance unit. Click Berkshire to buy ING unit for $441 million for Reuter’s reports on the acquisition.