Reuters: Berkshire net sinks; Buffett says economy in shambles

[chris]

Berkshire net sinks; Buffett says economy in shambles
      
   
      

NEW YORK (Reuters) - Berkshire Hathaway Inc, Warren Buffett's insurance and investment company, barely broke even in the fourth quarter because of losses on derivatives contracts tied to the stock market, which caused its net worth to tumble $10.9 billion.<div class="feedflare">
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