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Buffett Ends Credit-Card ‘Fiasco,’ Sells Receivables (Update1)

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Start date Mar 1, 2010

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Cyprus Company Formation

Mar 1, 2010

Mar 1, 2010

Billionaire Warren Buffett shut a Berkshire Hathaway Inc. credit-card business and sold bad loans at 55 cents on the dollar in what he called a “very expensive business fiasco.”

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