Berkshire Profit Plunges 96% on Stock Market Bets

Posted by on Feb 28th, 2009

Feb. 28 — Warren Buffett ’s Berkshire Hathaway Inc. posted a fifth-straight profit drop, the longest streak of quarterly declines in at least 17 years, on losses from derivative bets tied to stock markets.

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Berkshire Profit Plunges 96% on Stock Market Bets

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