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Ever the savvy investor, Warren Buffet takes advantage of last weekend's news that Moody's...

May 02, 2013 4:23 AM ETMoody's Corporation (MCO) StockMCOBy: Colin Lokey, SA News Editor1 Comment
Ever the savvy investor, Warren Buffet takes advantage of last weekend's news that Moody's (NYSE:MCO) has settled lawsuits alleging fraud related to crisis-era structured finance deals tied to subprime mortgages. Berkshire Hathaway (MCO's largest shareholder) sold 1.75M shares of the ratings agency's stock over the past three days at six-year high prices between $59.93 and $60.94.

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