"I think in three or four years, everyone will owe President Obama a big thanks.”

Buffett shines at Iowa gala

By Bob Eschliman, WORLD-HERALD NEWS SERVICE

URBANDALE, Iowa — While the purpose of Thursday's gathering at the Homemakers Furniture store here was to celebrate the reopening of the remodeled and expanded store, most of the invitation-only guests were mainly interested in one man.

Warren Buffett, chairman and CEO of Berkshire Hathaway Inc., was there because Homemakers is owned by Nebraska Furniture Mart. The Omaha-based Mart is part of Berkshire Hathaway.