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Falling Natural Gas Prices May Cost Buffett Billions

Warren Buffett is telling investors that falling natural gas prices may “virtually wipe out” a $2 billion bond his company, Berkshire Hathaway, purchased from Energy Future Holdings Corp. Bloomberg News reports: Buffett’s Berkshire Hathaway Inc. (BRK/A) wrote down the debt by $390 million last year, following a $1 billion impairment in 2010, the billionaire said [...]

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