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Moody's Downgrades Buffett

By John Johnson,  Newser Staff

Posted Apr 8, 2009 9:31 PM CDT

(Newser) – Warren Buffett's oracle aura took another hit today. Moody's downgraded his Berkshire Hathaway from its top Aaa rating to Aa2, citing "a severe decline in equity markets," the Wall Street Journal reports. The move follows a similar move by Fitch Ratings last month...   Read full story »

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