The SEC questioned Berkshire Hathaway (BRK.A) during Q2 why it wasn't writing down large losses...

|About: Berkshire Hathaway Inc (BRK.A)|By:, SA News Editor

The SEC questioned Berkshire Hathaway (BRK.A) during Q2 why it wasn't writing down large losses on shares in Kraft (KFT) and US Bancorp (USB), but Buffett's company insisted its accounting was right. Today, Berkshire released a copy of its response; none of the other filings it disclosed on Monday indicate how the issue was resolved.