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Berkshire Hathaway loses 'AAA' rating

warren-buffett

Berkshire Hathaway, Warren Buffett's giant investment vehicle, has had its 'AAA' rating removed by Standard & Poors.

The ratings agency reduced the rating of Berkshire- which owns (re)insurance giants Geico, Gen Re and National Indemnity- by one notch to 'AA+' with a stable outlook.

"We are taking these rating

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