Buffett Backs Goldman Sachs
(Fortune) — Warren Buffett offered his strongest defense yet of Goldman Sachs, saying he doesn’t believe the investment bank acted improperly in a sale of subprime-related securities at the heart of a Securities and Exchange Commission fraud case.
“I do not hold against Goldman at all that an allegation has been made,” Buffett said Saturday at Berkshire’s annual shareholder meeting in Omaha. He adds that he “loves” Berkshire’s lucrative investment in Goldman preferred stock and believes the firm remains the best investment bank in the world.
SEE ALSO
- Celebrity Hairstylist Dee Michelle Talks Hair Health & Her Invisible K-Tip Method
- Why Actress Amber Iman Calls ‘Goddess’ A Love Letter To Black Women In Theater [Exclusive]
- Diddy’s Sex-Trafficking Trial Kicks Off: Defense Says ‘Baby Oil’ Isn’t A ‘Federal Crime’ As Hotel Security Takes the Stand
- 8 Types Of Sex Kinks: Number 4 And 8 Are Not For The Faint Of Heart
- Pastor Keion & Lady Shaunie Henderson’s Cry Out Con 2025 Delivers Soul, Spirit And Strength
