Buffett cools on credit raters in panel grilling

Reuters, Elinor Comlay, Kim Dixonand Jonathan Stempel, NEW YORK, Wed Jun 2, 2010 4:46pm EDT

Warren E. Buffett (L), Chairman and Chief Executive Officer of Berkshire Hathaway, testifies before the Financial Crisis Inquiry Commission during a public hearing in New York, June 2, 2010. (REUTERS/Shannon Stapleton)

(Reuters) - The Oracle of Omaha suddenly seemed short of answers. Warren Buffett, the billionaire whose investments are followed religiously on Wall Street, had no easy remedies when grilled on Wednesday about the role of credit rating agencies in the financial crisis. Read more ...

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