Rising CDS Prices Sink Berkshire Shares

19 Nov 2008

Soaring risk levels having taken their toll on Warren Buffett’s Berkshire Hathaway.

Soaring risk levels having taken their toll on Warren Buffett’s Berkshire Hathaway. Berkshire’s share price fell 4% following a report that the cost of protecting its debt has nearly tripled in two months. At 388 basis points, its risk level is more than four times that of Travelers, ...

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