credit ratings
Berkshire Hathaway Being Investigated By Connecticut Attorney General
Read the full article: http://www.money-rx.com/blog/2008/05/warren-buffetted-by-der...
Connecticut Attorney General Richard Blumenthal is investigating a possible conflict of interest created by Berkshire's 19.5% stake in ratings agency Moody's, considering the importance of any ratings provided to Hathaway Assurance by Moody's. The probe is part of a general investigation into conflicts of interest in the credit ratings industry.
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