2 ms·
I'll bet it's not part Goldman's normal business model to borrow money at 10% to fund operations. Perhaps Buffett was just taking advantage of their weakness to
by euroclydon 17y ago
I'll bet it's not part Goldman's normal business model to borrow money at 10% to fund operations. Perhaps Buffett was just taking advantage of their weakness to extract some cash from the beast and invest it into more sound vehicles in the future.