Buffett's new bond insurer invited to Rhode Island
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In a sign that Warren Buffett's new bond insurer may find eager customers, Rhode Island has asked the billionaire investor to bring the new venture to the state to help maintain and increase value of its bonds.
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HARTFORD (Bloomberg News) Â Defense lawyers rested their case at the fraud trial of General Reinsurance executives accused of helping the American International Group mislead investors, without jurors hearing from the billionaire investor Warren E. Buffett.
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Berkshire Hathaway Inc., the company controlled by billionaire Warren Buffett, said its General Re Corp. unit received a request from regulators for information on insurance policies designed to help mitigate losses.
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Warren Buffett plans to start a bonding agency for local and state governments.
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The winning bid to break bread with billionaire Warren Buffett came in at $650,100, which is $30,000 more than the top bid at last year's charity auction.
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Bloomberg - June 1 (Bloomberg) -- Billionaire investor Warren Buffett will host a fundraising event for Democratic presidential candidate Hillary Clinton in New York this month, helping her attract donors who can write four-figure checks and court fresh faces in the investing community.
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Warren Buffett's Berkshire Hathaway Inc  has won expedited licensing for a new bond insurance unit, New York State Insurance Superintendent Eric Dinallo said on Friday.
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Billionaire investor Warren Buffett is  set to launch a bond insurer targeting local governments,  seeking to profit from troubled credit markets, the Wall Street  Journal reported on Friday.
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TEFEN, Israel  - Warren Buffett's investment   company Berkshire Hathaway Inc. BRKa.N BRKb.N is interested   in acquiring further utility companies in coming years, the   U.S. billionaire said on Monday during a visit to Israel.
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Turnaround specialist Wilbur Ross said  in a television interview on Wednesday that he did not expect  billionaire investor Warren Buffett's proposal to reinsure top  bond insurer's portfolios to go forward.
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Bear Stearns is in serious talks with several outside investors, including Warren Buffett, about selling as much as 20 percent of the firm, according to a report in The New York Times online edition on Wednesday.
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The Republican National Convention, which opens Monday at Madison Square Garden in midtown Manhattan, is being bankrolled and feted to an extraordinary degree by the financial services behemoths that are concentrated at the island&#39;s southern tip.
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Investors welcomed the Oracle of Omaha's plan to help bond insurers.  The Dow closed up over 130 points.
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Berkshire Hathaway Inc., the holding company run by billionaire Warren Buffett, on Thursday said its General Re insurance unit received a request from the U.S. Securities and Exchange Commission to provide information on some insurance products.
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Warren Buffettâs new firm, Berkshire Hathaway Assurance Corporation, takes its first steps into the bond insurance market.
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The "Buffett premium" has kicked in on rumors that the Oracle is interested in Hovnanian.
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US financial regulators seek information from Berkshire Hathaway, the firm run by billionaire Warren Buffett, in an investigation into insurance products.