Moody's cuts BRK rating.

[Guest kawikaho]

http://news.yahoo.com/s/nm/20090408/bs_nm/us_berkshire_rating_moodys;_ylt=AjHclJkgXFnJPQPPzgMpEt6573QA

[brker_guy]

I think this article said it all about rating agencies:

 

http://www.latimes.com/business/la-fi-hiltzik2-2009apr02,0,6715662.column

[arbitragr]

The ratings agencies' timing is totally spastic. They downgrade after a massive rally.

[scorpioncapital]

The ratings agencies' timing is totally spastic. They downgrade after a massive rally.

 

I believe Moodys is  the company that gave toxic garbage assets triple AAA. Now, not to outdo itself it has moved on downgrading the best companies. Upgrade junk, downgrade gems. Something is backwards here.