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Berkshire Hathaway: Why S&P Lowered Its Rating To 'AA+'
Feb 04, 2010 | 00:12:34 min
On Feb. 4, 2010, Standard & Poor's lowered its long-term counterparty credit rating on Berkshire Hathaway Inc., to 'AA+' from 'AAA', in anticipation of the company's acquisition of Burlington Northern Santa Fe. In this podcast, credit analyst John Iten provides the specifics of the transaction, the short- and long-term implications for Berkshire Hathaway, the impact on its insurance operations, and more.

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