Berkshire Hathaway CFO Marc Hamburg has hit back at reports that it "goofed" on its mark-to-market valuation of derivative risks, which plummeted in value and pushed the (re)insurance giant to its first quarterly loss since 2001 in Q1 2009.
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Berkshire Hathaway CFO Marc Hamburg has hit back at reports that it "goofed" on its mark-to-market valuation of derivative risks, which plummeted in value and pushed the (re)insurance giant to its first quarterly loss since 2001 in Q1 2009.
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