Berkshire Hathaway CEO Warren Buffett defended the role that Moody’s and other rating agencies played in the financial crisis, even as the firm missed the signs of an impending housing market collapse. “They made the wrong call. I was wrong on it too,” Buffett said, before a hearing of the Financial Crisis Inquiries Commission in New York.
Warren Buffett says don’t blame Moody’s
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With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.