To recover from the financial crisis, investment banks like Goldman Sachs (NYSE:GS) and Bank of America (NYSE:BAC) needed capital and credibility. They turned to Berkshire Hathaway(NYSE:BRK-B) for both, giving Warren Buffett incredible leverage to set the terms of his investments.
Warren Buffett: Big Bank Kingmaker?
The Motley Fool's senior banking analyst, Matt Koppenheffer, was one of the many who attended Berkshire Hathaway's annual meeting last week. His unique and Foolish perspective of the event should be of interest to serious investors.
Matt Koppenheffer
(TMFKopp)
May 14, 2013 at 6:08PM
Author Bio
Matt is the Managing Director of The Motley Fool GmbH, The Fool's German business. Besuch uns bei Fool.de!
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