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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (367401)	5/3/2008 6:24:18 PM
From: Real Man	Read Replies (1) \| Respond to of 436258

Is Zim your guru? Or is that you? -g- Message 24553306

To: MythMan who wrote (367401)	5/3/2008 7:09:48 PM
From: Giordano Bruno	Respond to of 436258

Berkshire Hathaway Assurance has won "triple-A" ratings from Standard & Poor's and Moody's Investors Service. While some rivals such as MBIA Inc (MBI.N: Quote, Profile, Research) and Ambac Financial Group Inc (ABK.N: Quote, Profile, Research) have also carried those ratings, Buffett said some market participants are willing to pay premiums above 2 percent. That's well above the 1 percent to 1.5 percent that those other insurers typically charge. He also said almost all of the secondary business came from issuers that already had insurance from rivals. "It tells you something about the meaning of 'triple-A' in the bond insurance field in the first quarter," Buffett said. reuters.com