Billionaire investor Warren Buffett says campaign donors could sue John Edwards.

Buffett, an Barack Obama supporter, speaking to CNBC anchor Becky Quick on Friday said that Edwards was misleading donors by assuring them there was no truth to a tabloid report that he had an affair. Edwards has acknowledged having an affair with campaign videographer Rielle Hunter.

He has a responsibility to the donors who sent in small amounts, Buffett said.

They sent it in while they were being misled by the person who was soliciting the money from them. You know, I think if I were Edwards, I might give up a haircut or two and refund at least, you know the people that gave the $50 or $100, $200 dollar items because if they had known the facts, they wouldn't have sent him the money and he was the guy that didn't give them the facts. I mean he knew that in effect he would not be elected president.

Buffett goes on to say that a class action lawsuit by donors might have a chance of success, although he's heard no rumblings of such a lawsuit.

"I've seen a lot of class action suits with less to it than this particular case," Buffett said. "The facts are clear. He solicited money and he wasn't telling the truth to people he was soliciting it from."

Hat Tip: American Thinker 

Richard Moore should count CNBC as an in-kind contributor.

The state treasurer and Democratic gubernatorial candidate has been a frequent guest on the financial news network in the last few years.

The most recent spot was on a "Power Lunch" tour of Charlotte Friday, where he was identified as a "shareholders' crusader."

"You've seen him on CNBC before, of course," said co-host Sue Herera.

That's an understatement. 

Moore served as guest host of the network's "Squawk Box" show on Nov. 24, 2003; June 17, 2005; and March 20, 2006.

And CNBC once sent a satellite truck to Roanoke Rapids, where Moore was attending a Democratic oyster roast, so that he could be interviewed about a dispute with Walt Disney Co.'s board.

* N.C. Association of Educators president and superintendent candidate Eddie Davis suggests adding Sen. Jeanne Lucas' name to the Vance-Aycock Dinner. (AC-T)

* State Treasurer Richard Moore, already a frequent guest on CNBC, is among those for the "Power Lunch" show's tour of Charlotte. (Char-O)

* Lt. Gov. Beverly Perdue and former Supreme Court Justice Bob Orr cross paths while touting their gubernatorial campaigns in Burke County. (Morganton News-Herald)

* U.S. Rep. Patrick McHenry defends Blackwater security contractors during Congressional hearings, noting that no visiting lawmakers have been hurt. (Char-O)

Richard Moore criticized Countrywide Financial on CNBC today.

The state treasurer, who is running for the Democratic nomination for governor, appeared on "Squawk Box" with Becky Quick this morning.

He argued that Countrywide, a mortgage lender, loaned too much of its money, especially in hot real estate markets. The company has been in serious financial trouble lately because of defaulted mortgages in the subprime market.

"There's a reason that you don't loan 100 percent," he said. "Because history has told us it will go through a cycle where they can't repay."

He said North Carolina's retirement system owns about $12 million worth of shares in Countrywide — a relatively small amount of its overall $75 billion holdings. But he said he would use the state's authority as a shareholder to push for management changes.

He also criticized ratings agencies for not having more of an "arm's length" relationship with lenders.

"They're supposed to act as a safeguard, an independent referee if you will in the marketplace," he said.