Left: Lonnie Lardner with billionare entrepreneur Warren Buffett.
Each year, FORTUNE Magazine invites the world's most celebrated C-suiters to a conference addressing global, political, philanthropic, and national security issues. This one was held in Laguna Beach, California. Deloitte US sponsored an off-stage interview with Lonnie and Buffett, where the superstar financial advisor sketched a colorful, bleak economic forecast for the coming year. His words proved to be prophetic.