Schwarzenegger Hires Warren Buffett as Campaign Adviser

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Schwarzenegger Hires Warren Buffett as Campaign Adviser
Legendary Billionaire Will Act as Actor's Financial, Economic Adviser


Associated Press
Wednesday, August 13, 2003; 3:29 PM


LOS ANGELES -- Arnold Schwarzenegger has hired Warren Buffett as his senior financial and economic adviser, his campaign announced Wednesday.

Buffett is a billionaire investor legendary for his financial prowess. The chairman of Berkshire Hathaway is also a Democrat.

"What he will be doing is assembling other prominent business leaders and economists and setting up a team to address the issues facing California," said Schwarzenegger spokesman Sean Walsh.

"I have known Arnold for years and know he'll be a great governor. It is critical to the rest of the nation that California's economic crisis be solved, and I think Arnold will get that job done," Buffett said in a statement.