It was revealed that the Treasury department announced plans to invest $25 billion each in JP Morgan, Citi, and Bank of America. Goldman Sachs is to receive $10 billion, while Bank of New York, State Street, and Wells Fargo have been set to receive undisclosed amounts at the moment.
Remember, Buffett has a stake in Wells Fargo.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment