Berkshire Hathaway CEO Warren Buffett said Saturday he has no plans to sell his company's stake in Goldman Sachs Group Inc. as the investment bank fights civil fraud charges.Warren defends his investment.
Buffett and Berkshire's vice chairman Charlie Munger both praised Goldman Saturday before a crowd of about 40,000 at Berkshire's shareholder meeting at Omaha's Qwest Center.
Both executives said they're happy with Goldman CEO Lloyd Blankfein's leadership. And they don't view the Securities and Exchange Commission's charges against Goldman as a strike against Blankfein.
Saturday, May 01, 2010
Buffett Defends Goldman Sachs Stake at Meeting
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