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Buffett to FBN: S&P Downgrade 'Doesn't Make Sense'

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United States
08/06/2011 08:50 AM
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Buffett to FBN: S&P Downgrade 'Doesn't Make Sense'
Berkshire Hathaway Chairman and CEO Warren Buffett told the FOX Business Network that S&P's downgrade of the United States' triple-A credit rating "doesn't make sense."

"I don't get it," Buffett told FBN late Friday night. In fact, Buffett reaffirmed his belief in the quality of the United States' credit telling FBN, "In Omaha, the U.S. is still triple A. In fact, if there were a quadruple-A rating, I'd give the U.S. that."

Read more: [link to www.foxbusiness.com]
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