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Warren Buffett's Berkshire Hathaway is downgraded
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Friday, February 05, 2010
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From 24/7 Wall Street:

Berkshire Hathaway Inc. is in the process of selling $8 billion in notes today to help fund the acquisition of Burlington Northern Santa Fe. And Standard & Poor’s just gave Warren Buffett a pre-sale slap in the face.

S&P has lowered the rating of Berkshire Hathaway over how the terms of the merger change the financial standing of the giant conglomerate.

S&P cut the ratings on Berkshire Hathaway and...

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Topics: Warren Buffett | Stocks | Cruxallaneous
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