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American International Group said Friday it plans to sell a number of business units to pay off its massive government loan. ...more
October 4, 2008
Warren Buffett, whose business and investment acumen has made him one of the world's wealthiest men, embarked on a European "deferred shopping tour" Monday, looking for possible acquisitions for Berkshire Hathaway Inc. ...more
May 20, 2008
Billionaire Warren Buffett's Berkshire Hathaway said first-quarter profits declined 64 percent as falling rates reduced returns from insurance operations. The company had $991 million in investment losses as it marked down the value of derivative contracts. ...more
May 3, 2008
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