Warren Buffett: The Panic is Over

Warren Buffett tells Charlie Rose that the economic panic is over, but the ordeal has left the American psyche scarred. Still, he says, at least "money is available now," it's just not "flowing to really dumb projects" anymore. Really? Because last we checked, America's Next Top Model was still on the air.

Updated Apr. 25, 2017 11:35AM ET / Published Nov. 14, 2009 1:20PM ET

Warren Buffett tells Charlie Rose that the economic panic is over, but the ordeal has left the American psyche scarred. Still, he says, at least "money is available now," it's just not "flowing to really dumb projects" anymore. Really? Because last we checked, America's Next Top Model was still on the air.