https://freerepublic.com/tag/berksirehathaway/ en-us Tue, 9 Aug 2011 00:24:50 GMT Focus Forum 15 https://freerepublic.com/focus/f-news/2760720/posts <p>After Standard & Poor’s bit an appendage from the U.S.’s credit rating, the credit-rating firm is smelling blood in the water at Warren Buffett’s Berkshire Hathaway.</p> <p>Berkshire, which make big chunks of money from its insurance and reinsurance businesses, is spared the loss of its AA+ rating for now. But S&P marked Berkshire’s outlook down to “negative” from stable.” UPDATE: Buffett told Fox Business Network he isn’t surprised about S&P’s move. S&P had telegraphed plans to knock down insurers if the U.S. were downgraded.</p> Wall Street Journal https://freerepublic.com/focus/f-news/2760720/posts#comment Tue, 9 Aug 2011 00:24:50 GMT