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S&P slices Berkshire

Warren Buffett’s Berkshire Hathaway had its credit grade lowered one level by Standard & Poor’s after the ratings firm revised its criteria for evaluating insurance holding companies.Berkshire was cut to AA from AA+. Its outlook on all of Berkshire’s ratings is negative. So far, the downgrades haven… …read more
Source: NY Post

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Posted by on May 17, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.