BUFFET GETS DOWNGRADED AFTER SLAMMING S&P
After billionaire Warren Buffet had some negative words for Standard & Poor’s on Friday, the credit ratings agency got a little pessimistic themselves by offering up some bad news for Buffet’s Berkshire Hathaway.
Warren Buffett, Chairman and CEO of Berkshire Hathaway (Mario Tama / Getty Images / AFP Photo)
On Monday, S&P downgraded Berkshire Hathaway’s outlook from “stable” to “negative.” Though his conglomerate will maintain their AA-plus rating for the time being, it signals a potential downgrade in the near future.
http://rt.com/usa/news/buffet-sp-berkshire-downgrade/
Best Regards,
FINANCIAL WARRIOR
