Market Summary: Warren Buffet’s Investment In Goldman; A Serious Flaw In The $700 Billion Bailout Plan
Posted on September 23, 2008 at 23:50 PM EDT
Shortly after the close of the market tonight we received the following over the wires: BERKSHIRE HATHAWAY (BRK-A) TO INVEST $5 BILLION IN GOLDMAN SACHS; IN ADDITION GOLDMAN TO RAISE AT LEAST $2.5B IN COMMON STOCK OFFERING - FORMAL RELEASE - The Goldman Sachs Group announced today that it has reached an agreement to sell $5 billion [...]
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