Buffett's Berkshire Hathaway May Lose Only Remaining AAA Credit Rating
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Submitted by George on Wed, 2009-11-04 14:06.
(via www.cnbc.com)
Warren Buffett's Berkshire Hathaway could be stripped of its one remaining top-grade AAA credit rating. Standard & Poor's Ratings Services says in a news release today that it has put Berkshire on "CreditWatch with negative implications" in the wake of its announced deal to buy all of Burlington Northern Santa Fe.
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