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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (132526)10/2/2008 3:13:05 PM
From: E. Charters  Respond to of 313801
 
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Meanwhile, the most famous U.S. investor, Warren Buffett, made another bet that the crisis may be nearing a bottom. His holding company, Berkshire Hathaway Inc., agreed Wednesday to buy $3-billion of preferred shares in industrial giant General Electric Co., which has been hammered by losses in its credit division and the threat of a global recession. Last week, Berkshire Hathaway bought a $5-billion stake in investment bank Goldman Sachs Group Inc.