The story

Billionaire Warren Buffett told congressional negotiators that if they can't agree on a proposed financial bailout, the nation will face "its biggest financial meltdown in American history," two sources familiar with the talks said.

Word of Buffett's omen came hours before Democrats posted a draft of the bailout bill online and House Speaker Nancy Pelosi said Sunday afternoon she hoped the chamber would vote Monday.

Buffett, whom Forbes magazine has placed at No. 2 on its 2008 list of richest Americans, was one of several business experts whose opinions were sought, Sen. Kent Conrad, D-North Dakota, told reporters Saturday. Read full article »

CNN's Ed Henry contributed to this report.

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