Warren Buffett’s Berkshire Hathaway Inc. was questioned earlier in the year by U.S. regulators on why the holding company didn’t write down $1.86 billion in losses largely from its investments in Kraft Foods Inc. and U.S. Bancorp during the second quarter.
Continue reading Buffett’s Berkshire Questioned by SEC on Accounting for Kraft, U.S. Bancorp Losses
Buffett’s Berkshire Questioned by SEC on Accounting for Kraft, U.S. Bancorp Losses originally appeared on DailyFinance on Mon, 25 Oct 2010 15:35:00.
Filed Under: Company News, Kraft Foods, Berkshire Hathaway