CNBC.com's News Now: Buffet: U.S. Economy Fallen Off Cliff

Click here to view this newsletter on your mobile device. Monday, Mar. 09, 2009     DOW 6547.05 -79.89 -1.21%   NASDAQ 1268.64 -25.21 -1.95%   S&P 676.53 -6.85 -1%       NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS     WHAT YOU SHOULD KNOW Stocks End Lower but Banks Rally Stocks ended a yo-yo session lower Monday as big drug makers skidded following news of Merck's proposed $41.1 billion takeover of rival Schering-Plough... »read more US Recession Could Last Up to 36 Months: Roubini The man who predicted the current financial crisis said the recession could drag on for years without drastic action. Among his solutions: fix the housing market by breaking "every mortgage contract... »read more Roche, Genentech Close to $95-a-Share Deal Roche is in talks to buy the shares of Genentech it does not already own for about $95 each, a source familiar with the situation said Monday... »read more TODAY'S TOP 5 VIDEOS 1. Roubini: 36-Month Recession Possible  Known as Dr. Doom, Nouriel Roubini, RGE Monitor.com, says the current recession could go on as long as 36 months, and that the U.S. banking system needs to be temporarily nationalized. 2. Buffet: U.S. Economy Fallen Off Cliff   Billionaire investor Warren Buffett, says the Fed's actions have prevented things from getting worse. The Berkshire Hathaway chairman/CEO says that it takes longer for Americans to regain confidence and only five minutes to become fearful, with CNBC's Becky Quick. 3. Searching for Stability with Blackrock's Fisher   Why investors should not be putting the blame on the Obama Administration, with Peter Fisher, BlackRock managing director and co-head of fixed income; Peter Fisher, fmr. Treasury undersecretary; and CNBC's Maria Bartiromo. 4. Lockhart on Housing  Discussing how stabilizing the market will play a critical role in reviving the economy, with James Lockhart, Federal Housing Finance Agency director and CNBC's Maria Bartiromo 5. Stop Trading, Listen to Cramer  Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett       TODAY'S TOP BLOG   Send Me Your "Signs Of The Times" From empty car washes to napkins in bagels stores, there are plenty of signs that the economy is as bad as it's been for decades. Send me some of your observations, boiled down to a couple of sentences and include photos if you can. »See All CNBC.com Blogs     FIRST IN BUSINESS WORLDWIDE     (c)2009 CNBC Inc. All Rights Reserved 900 Sylvan Englewood Cliffs, NJ 07632

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