Buffett Backs Goldman Sachs on Abacus Trade, Praises Blankfein
May 02, 2010 at 15:28 PM EDT
Buffett Backs Goldman Sachs on Abacus Trade, Praises Blankfein – Warren Buffett praised Goldman Sachs (GS) Chief Executive Officer Lloyd Blankfein and said the bank shouldn’t be blamed for losses suffered by clients who invested in mortgage bets at the center of a fraud suit filed by regulators. “He’s done a great job running [...]