'Headline Risk' Dims Berkshire Luster
Warren Buffett's luster as the "sage of Omaha" may have dimmed somewhat in the past year as the reinsurance portion of his Berkshire Hathaway conglomerate wound up in the cross-hairs of probes into insurance scandals.
As a whole, Berkshire Hathaway's net earnings declined by a fraction for the first half of 2005 compared to 2004 to stay in the $2.8 billion range.
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