Monday, February 29, 2016

Apple vs FBI—Warren Buffett says 'privacy has its limits'
 CNBC

 
National security should supersede privacy concerns in major issues, Warren Buffett said on CNBC Monday, weighing in on Apple's fight against a government order to help hack the iPhone of one of the San Bernardino terrorists.
"We live in a very, very, very dangerous world," he said. "If you were in the early days of September 2001 and you were receiving credible information that something was going to happen ... I think that in that case security trumps privacy."
But in what Buffett calls "fishing around on smaller-type things," he'd side on the side of privacy.
"If there's something major, something that the attorney general or the head of the FBI would be willing to sign, and go to a judge on, and say, 'We need this information and we need it now,' I would be willing to trust that official to behave in a proper matter," Buffett said.
"Privacy has its limits," Berkshire Hathaway's chairman and CEO told "Squawk Box," two days after releasing his annual letter. He said he's not taking sides in the Apple versus FBI battle.

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