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Buffett cuts Moody’s stake
Published:September 7, 2009, 6:54 AM
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Updated: August 21, 2010, 1:47 AM
Warren Buffett’s Berkshire Hathaway cut its stake in Moody’s Corp. by 2 percent, the second reduction in two months, amid profit declines at the ratings firm and criticism of its reports on mortgage-backed securities.
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