Berkshire Hathaway Under US FSOC Lens – Bloomberg

Bloomberg says that Warren Buffet-owned Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) is being examined by the U.S. Financial Stability Oversight Council (FSOC) to assess whether the company, which has the world’s fourth largest reinsurance business globally, has the potential to threaten the stability of the country’s financial system were it to fail. Bloomberg based its report on information from “two people with knowledge of the matter,” and said the study had not been made public since it was still preliminary. It should not also be construed that the FSOC had already made up its mind, said Bloomberg, with any decision being “months…