Don't expect Moody's to downgrade Berkshire Hathaway.
Standard & Poor's on Thursday took its counterparty credit rating on Berkshire Hathaway down by a notch, to AA from AA Plus.
The cynics in our midst immediately cast smirks in the direction of Moody's, which just happens to have a chunk of stock (11.5 percent) owned by Berkshire. Would the credit raters at Moody's have the temerity to downgrade their patron Sage of Omaha?