Financial Briefs

Breaking financial news from Wall Street to Main Street

Goldman to Raise $7.5 Billion From Berkshire, Public

Posted by financialbriefs on September 24, 2008

 Goldman Sachs Group Inc. will raise at least $7.5 billion from Warren Buffett’s Berkshire Hathaway Inc. and public investors in a bid to quell concerns that pushed up the Wall Street firm’s borrowing costs and hurt its stock.

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