March 3, 2008 / 1:11 PM / 9 years ago

Buffett says Clinton, Obama could run a business

<p>US Democratic presidential candidates Senator Hillary Clinton (D-NY) and Senator Barack Obama (D-IL) square off in the last debate before the Ohio primary in Cleveland, Ohio February 26, 2008.Aaron Josefczyk</p>

NEW YORK (Reuters) - Warren Buffett said on Monday that he would be comfortable putting Democratic presidential candidates Hillary Clinton and Barack Obama in charge of running a business, though not his Berkshire Hathaway Inc insurance and investment company.

Buffett has said he plans to support the Democratic Party in the 2008 elections, as it seeks to retake the White House.

He has not endorsed Clinton or Obama for the presidency, but said on CNBC television: "I would put either one of them in charge of a business."

Separately, Buffett identified Walt Disney Co's Bob Iger as among chief executives who are doing a good job and who run a company in which Berkshire does not invest. Earlier on CNBC, Buffett put the CEOs of warehouse club operator Costco Wholesale Corp and nuts and bolts distributor Fastenal Co in that group.

Reporting by Jonathan Stempel; Editing by Lisa Von Ahn

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