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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (116552)	4/14/2008 7:37:12 AM
From: ChanceIs	Respond to of 306849

Berkshire Unit Gets Triple A >>>Hmmm. I swear I didn't see this before making my previous post. There is a lesson there ladies and gentlemen. Patience. Patience. Patience. Keep your gunpowder dry. Don't try to force the market. Pay only for value. etc. etc. Buffett must be having a field day.<<< A WALL STREET JOURNAL NEWS ROUNDUP April 14, 2008; Page C2 NEW YORK -- Standard & Poor's assigned a triple-A rating to Berkshire Hathaway Inc.'s municipal bond insurance unit, putting it in contrast to the ratings deterioration of other bond insurers in recent months. "The rating of [Berkshire Hathaway Assurance Corp.] is based on its extremely strong competitive position, insurance and reinsurance capitalization, and financial flexibility," S&P wrote. Berkshire Chairman Warren Buffett in December announced the launch of Berkshire Hathaway Assurance, or BHAC, a new insurer that guarantees municipal bonds.