Buffett loses $1bn after Goldman charge
The value of Warren Buffett’s options to buy Goldman Sachs shares fell by over $1bn after the SEC sued the investment banking giant on Friday, according to sister publication IFAonline.
Bloomberg reports the warrants, which give Buffett's Berkshire Hathaway the right to buy Goldman Sachs common stock for $115 a share, were worth about $1.99bn at 4:01pm on Friday, down 34% from $3
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