Buffett follows Goldman, B of A model in bailout for Home Capital | American Banker
www.americanbanker.com
Buffett doing his 3rd bailout of a finance company. Goldman Sachs in 2008. Bank of America in 2011. Both were him getting 8-9% of the companies. This time, 38% of Home Capital Group for $300M. And a $2B credit line at 9% interest rate. High interest rate lol.
#year:2017 #bailouts #news #warren_buffett #banks #investing #boss_peeps #arrangements #goldman_sachs #pub
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