WARREN BUFFETT

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Moody's executives split on ratings

Former Moody's analysts say they felt pressure from bosses obsessed with market share to assign rosy ratings to risky debt products, while the company's current chief executive defended the rating agency's business model, according to testimony released on Wednesday.

Buffett, Moody's CEO rate a date on market crisis

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Legendary investor Warren Buffett appears this week before a commission searching for the causes of the 2008 financial crisis, to provide his assessment on the role a much-maligned credit rating industry played.
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Stock futures gain after sell-off

U.S. stock index futures rose on Thursday as investors looked for buying opportunities after a sell-off that has driven the S&P 500 down 3 percent for the week.
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Swiss Re confident it can repay Buffett

Swiss Re , the world's second-biggest reinsurer, boosted its capital by around $3 billion, giving it confidence it can repay a costly convertible loan from billionaire Warren Buffett and regain a key credit rating.
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SEC looks at Berkshire disclosure on Burlington: report

The Securities and Exchange Commission is looking into disclosures made by billionaire investors Warren Buffett's Berkshire Hathaway Inc as it sought to purchase Burlington Northern Santa Fe Corp, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
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Lampert admits interim status of Sears CEO weird

Sears Holdings Corp Chairman Edward Lampert acknowledged that having an interim chief executive for more than two years is not ideal and definitely weird, but said the retailer is in no rush to find a replacement for Bruce Johnson.
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Wall St gains on data, Greece package

U.S. stocks rose on Monday as data indicated the economy was on firmer footing, and details of a European financial rescue package for Greece provided a measure of relief.
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Feisty Buffett supports Goldman, high on economy

Warren Buffett on Sunday intensified his feisty defense of a controversial mortgage transaction marketed by Goldman Sachs Group Inc , saying the investment bank's behavior does not warrant public fury.
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Stock futures signal gains; eyes on airlines

U.S. stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.31 percent, Dow Jones futures up 0.16 percent and Nasdaq 100 futures up 0.3 percent.
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Buffett stands by defense of Goldman transaction

Warren Buffett on Sunday stood by his feisty defense of a controversial mortgage transaction marketed by Goldman Sachs Group Inc, saying the investment bank's behavior did not warrant public opprobrium.
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Greece seals rescue deal with EU and IMF: source

Greece has sealed a deal with the European Union and the IMF that opens the door to a multi-billion euro financial bailout of the heavily indebted euro zone member, a senior government official said on Sunday.
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Buffett strongly defends Goldman; Berkshire net up

Warren Buffett on Saturday launched a strong defense of Berkshire Hathaway Inc's $5 billion investment in Goldman Sachs Group Inc and the investment bank's embattled chief executive, Lloyd Blankfein.
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Buffett ready to discuss Goldman woes: report

Famed investor Warren Buffett will address the allegations facing Goldman Sachs Group Inc at his Berkshire Hathaway Inc holding company's annual meeting on Saturday, according to the Wall Street Journal.
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Stocks rise, euro wavers; await Greek rescue news

Stocks rose on Friday and the euro steadied on hopes that a fractious European Union will agree on a bailout package for Greece within days as it struggles to keep the debt crisis from spreading to other weak countries. Shares were also buoyed by strong earnings reports from major U.S. companies, which pushed up Wall Street stocks and bolstered hopes that the world's largest economy was picking u...
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At Buffett gala, all that glitters is not Goldman

Almost two decades ago, as interim chairman of Salomon Inc, Warren Buffett worked to restore order at the Wall Street firm after a Treasury auction scandal. Integrity mattered more to him than a few dollars lost.
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GE CEO says growth and dividend hike ahead

General Electric Co is returning to good, solid earnings growth and plans to raise its dividend at least by 2011, chief executive Jeff Immelt told investors on Wednesday.
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Goldman director in focus on Berkshire deal: report

A Goldman Sachs Inc director told hedge fund founder Raj Rajaratnam about Berkshire Hathaway's $5 billion investment in Goldman before the deal became public, the Wall Street Journal reported on Friday, citing a person close to the situation.

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