Buffett Can't Escape Credit Pinch as Debt Costs Soar (Update2) - Bloomberg

Story date: 2008-07-30 04:35:00
Added on: 2008-07-30 18:14:55

July 30 (Bloomberg) -- Even Warren Buffett can't escape the credit crunch. Top-rated Berkshire Hathaway Inc. offered the highest yield over benchmark rates it's paid to issue $1 billion of five-year debt, according to data compiled by Bloomberg. The ...


Read more...

Related Stories:

• What Warren Buffett Says (Australasian Investment Review via Yahoo!7 Finance)

  Not even the sage of Omaha, Warren Buffett, could escape the impact of the subprime crisis, credit crunch and slowing economy...
  2008-03-02 01:25:00

• Asia Day Ahead: Buffett Offers to Assume $800 Billion Muni Debt (Bloomberg.com)

  Feb. 13 (Bloomberg) -- U.S. stocks rose a second day, led by financial shares, on expectations Warren Buffett will help calm credit...
  2008-02-12 12:29:00

• Bhattacharya Sees Warren Buffett Example in Hindalco Rebound (Bloomberg)

  Nov. 19 (Bloomberg) -- Hindalco Industries Ltd. Managing Director Debu Bhattacharya said investors should follow Warren Buffett rather than rebuff stocks, after...
  2008-11-18 06:29:23

• Asia Day Ahead: Buffett Offers to Assume $800 Billion Muni Debt

  Bloomberg - Feb. 13 (Bloomberg) -- U.S. stocks rose a second day, led by financial shares, on expectations Warren Buffett will help...
  2008-02-12 12:15:00

• Buffett Bids for MBIA, Ambac Municipal Bond Contracts (Update6) (Bloomberg.com)

  Feb. 12 (Bloomberg) -- Billionaire investor Warren Buffett said he offered to shore up $800 billion of municipal bonds guaranteed by troubled...
  2008-02-12 11:44:50

• Warren Buffett snaps up 3pc of Swiss Re (Daily Telegraph)

  Billionaire investor Warren Buffett has taken a 3pc stake in Swiss Re, the world's largest reinsurer....
  2008-01-23 04:25:17

• Warren Buffett blames banks for meltdown (Daily Telegraph)

  Billionaire Warren Buffett has accused major investment banks of creating their own downfalls through the collapse in the US sub-prime mortgage market....
  2008-02-06 05:49:03

• Buffett sees credit crisis easing (BBC News)

  US investment guru Warren Buffett says the worst of the credit crunch is over, for Wall Street at least....
  2008-05-04 04:27:54