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Buffett Invests $5 Billion in Bank of America - The New York Times
dealbook.nytimes.com
Buffett boosts Goldman Sachs with $5-billion investment - Los Angeles Times
latimesblogs.latimes.com
Basically bought like 8.5% of Goldman Sachs (I'm thinking around that amount since they also raised $2.5B in selling more common stock). He apparently got a 10% dividend yield on the deal. And years later in next bookmark, he mkaes out like a bandit. $2B profit.
#year:2008 #bailouts #news #warren_buffett #banks #investing #boss_peeps #arrangements #goldman_sachs #month:september #pub
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Berkshire to invest up to $10 billion in Goldman Sachs - MarketWatch
www.marketwatch.com
Buffett’s buying banks, but beware - MarketWatch
www.marketwatch.com
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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