Warren Buffett Central

Investment guru Warren Buffett says the worst of the global credit crunch is over for Wall Street, but not for the man or woman on the street.

The chief executive of Berkshire Hathaway said there would be “a lot of pain to come” for mortgage holders.

He made the comments as Berkshire Hathaway’s annual meeting got under way in Omaha, Nebraska, attended by a record 31,000 people.

Read the full article at BBC News.