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Author: exilion Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 214230  
Subject: Moody's:Triple-A companies an endangered species Date: 7/23/2001 3:59 PM
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Berkshire among the remaining 10 companies with an AAA rating from Moody's.

Here's the link to the entire piece.
http://biz.yahoo.com/rf/010723/n23357057.html

The intro...

Moody's Investors Service said on Monday just 10 U.S. companies now enjoy triple-A status, down from 22 a decade ago and 58 in the late 1970s.

Just 6.2 percent of debt in the $2.6 trillion investment-grade corporate bond market carries the top rating, down from 10.2 percent in 1990, the rating agency said.

``Ultra-safe corporate credit is a rare commodity,' said Moody's economist Kamalesh Rao. ``Companies have shifted from trying to maintain ultra-clean balance sheets. They don't value pristine credit ratings as they once did because leveraging has become far more prevalent to run their businesses.'


I hope you found this article worthy.
exilion
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