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Maybe the most interesting item from Berkshire Hathaway's (BRK.B) Q2, suggests Blaine Rollins,...

  • Wednesday, August 8, 2012, 10:56 AM ET
    Maybe the most interesting item from Berkshire Hathaway's (BRK.B) Q2, suggests Blaine Rollins, was a 50% cut in its exposure to the health of municipalties. Buffett's firm terminated contracts with notional value of $8.25B that would have paid out in the event of certain municipal or state defaults.
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    I was thinking about going with their insurance arm. But after reading this . I doubt that now. Pay your premiums and then if you might collect them. They cancel them.
    9 Aug 2012, 06:20 PM Reply Like
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