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I Don't Get It': Warren Buffett Tells Fox Business -- Downgrade Doesn't 'Make Sense

"In Omaha, the U.S. is still Triple-A rated and if there were a Quadruple-A I’d give the U.S. that.”

Tonight Fox Business reporter Liz Claman quickly reached Warren Buffett by phone to get his reaction to the S&P downgrade of the U.S. credit rating.

Here's the quick transcript:

“I don’t get it. It doesn’t make sense. In (Omaha), the U.S. is still Triple-A rated and if there were a Quadruple-A I’d give the U.S. that.”

More from Mediate here.

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