Warren Buffett Interviews Hank Paulson about ‘On the Brink: Inside the Race to Stop the Collapse of the Global Financial System’

“What people miss and I think it’s easy to miss, was this was a doozy. These excesses had been building up for a long time. I knew we were overdue for a credit crisis and I told the president when I came to Washington, but I didn’t expect anything of this magnitude. But it had been building up and building up in the United States and Europe.” — Hank Paulson, former U.S. secretary of the treasury