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  • Berkshire's Downgrade: Rating Agencies Become More Irrelevant [View article]
    Berkshire and General Electric (GE) now have the same credit rating from Moody's when Berkshire has roughly 10 times GE's tangible book value. As Whitney said, the inconsistency "underscores why no sane investor should pay any attention to the credit rating agencies."
    Apr 08 22:33 pm |Rating: 0 0 |Link to Comment
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