Buffett's Berkshire betting $5 billion on Goldman
In big vote of confidence, Buffett's Berkshire buying at least $5 billion stake in Goldman
OMAHA, Neb. (AP) -- One of the world's shrewdest dealmakers is betting $5 billion of his investors' money that the U.S. financial system is not about to collapse.
Warren Buffett's Berkshire Hathaway Inc. said Tuesday it investing at least $5 billion in Goldman Sachs Group Inc., a huge vote of confidence for one of the survivors of the credit crisis that felled two of its investment banking peers.