Buffett's Berkshire Hathaway May Lose Only Remaining AAA Credit Rating
Read the full article at: http://www.cnbc.com/id/33621425?__source=RSS*blog*&par=RSS
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.
Related News
- Ackman 's Presentation on Kraft
- Berkshire Hathaway: BNSF Election Forms Due Feb. 10, Merger Closes Feb.12
- Third Shoe Finally Drops: S&P Takes Away Berkshire Hathaway's AAA Rating
- Warren Buffett's Hot January: Berkshire Up 17.5% Over Two Weeks
- Berkshire Hathaway Won't Issue More Shares In Response to S&P Addition - Stock at 14-Month High