Property Grunt

Friday, March 13, 2009

FRAK! Berkshire Hathaway stripped of its 'AAA' credit

From CNBC

Warren Buffett's Berkshire Hathaway was stripped of its 'AAA' credit rating by Fitch, barely hours after S&P cut General Electric's top-tier rating, as the global financial crisis pummels America's corporate titans.


Yeah, President Obama, everything is fine.