BUSINESS
06/03/2009 05:12 am ET | Updated May 25, 2011

Buffett Slams Bank Stress Tests: "Not A Very Sophisticated Way Of Looking At It"

OMAHA, Nebraska (Reuters) - Warren Buffett criticized the government's stress tests of 19 large U.S. banks, and said he would buy more shares of three big banks in the portfolio of his Berkshire Hathaway Inc.

Buffett also told reporters on Sunday that Berkshire, which generates about half its business from insurance, would consider writing policies to insure against a potential swine flu pandemic if it got paid enough.

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