Transcripts

"Last Word"-Big Bucks to Dine With Buffett

SUSIE GHARIB: And finally tonight, the saying goes, you get what you pay for and two investors hope to get their money's worth after paying a record amount to dine with billionaire investor Warren Buffett. Mohnish Pabrai and Guy Spier offered the winning joint-bid of $650,100 to have lunch with Buffett. Both men will bring their wives to lunch; Pabrai will also bring his children. The proceeds of the auction benefit the Glide Foundation, which provides social services to the poor and homeless in San Francisco. Paul, the bidding was pretty intense near the end. In the last hour, the bids went up by a quarter of a million dollars.

KANGAS: Let's see 20 percent of a tab of $650,000 for the waiter that is $130,000, that waiter's going to be one happy camper.

GHARIB: Sounds like he will be.