Monday, March 21, 2011

Goldman says goodbye to Buffett

Warren Buffett's Goldman gravy train has lurched to a halt. Goldman Sachs (GS) said Friday it will pay Buffett's Berkshire Hathaway (BRKA) $5.6 billion to redeem the�loan the investment bank�took from�Berkshire at the height of the financial crisis. That's good news for Goldman, which paid Buffett's company more than $1 billion* in preferred stock�dividends over [...]

Source: http://finance.fortune.cnn.com/2011/03/18/goldman-says-goodbye-to-buffett/

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