Warren Buffett for Treasury Secretary?

The Oracle of Omaha might yet become the Wizard of Washington.

By SHARE

I am hearing that it is not out of the question that superinvestor Warren Buffett would join a Barack Obama administration as treasury secretary. Buffett's economic philosophy as interpreted by Obama: "Let the market work, however way it's going to work, and then just tax the heck out of people at the end and just redistribute it. That way you're not impeding efficiency, and you're achieving equity on the back end."