MNeagle
2nd May 2010, 02:03 PM
By Andrew Frye and Jamie McGee
May 2 (Bloomberg) -- Warren Buffett said Goldman Sachs Group Inc. is among the counterparties on derivative trades that contributed to a first-quarter loss last year at his Berkshire Hathaway Inc.
“Goldman Sachs is on the other side of some of our equity- put transactions,†Buffett said today at a press conference in Omaha, Nebraska, a day after Berkshire’s annual meeting of shareholders.
http://www.bloomberg.com/apps/news?pid=20601087&sid=abVFCiAtuTHM&pos=7
May 2 (Bloomberg) -- Warren Buffett said Goldman Sachs Group Inc. is among the counterparties on derivative trades that contributed to a first-quarter loss last year at his Berkshire Hathaway Inc.
“Goldman Sachs is on the other side of some of our equity- put transactions,†Buffett said today at a press conference in Omaha, Nebraska, a day after Berkshire’s annual meeting of shareholders.
http://www.bloomberg.com/apps/news?pid=20601087&sid=abVFCiAtuTHM&pos=7