Thursday, November 21, 2019

Buffett Wants In On the Action

Buffett Wants In On the ActionBuffett Wants In On the ActionWhat was turning out to be a relative yawner of a day on the financial frontno bankruptcies, mergers, layoffs, status switches, Fed bailouts or Congressional decisionsjust got interesting, as the investing sektenfhrer from Nebraska, Mr. Buffett himself, has apparently taken a stake in Goldman Sachs to the tune of $5 billion in preferred shares. Im sure the folks at Goldman (who plan to raise $2.5 billion more in preferred stock) are thankful tootheir GS stock is boomingin after-hours trading, up 16 percent.

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