Warren Buffett Earns $2 Billion From Goldman Sachs Warrants

Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) is set to earn $2 billion through Goldman Sachs Group Inc (NYSE:GS) warrants bought during the 2008 financial crisis, while the federal government was scrambling to stabilize the financial system. Warren Buffett’s investment in 2008 During 2008, Goldman Sachs Group Inc (NYSE:GS) turned to Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) to bolster capital and shore up market confidence when shares plunged after the Lehman Brothers’ collapse. Warren Buffett, Berkshire’s chairman and chief executive officer, invested $5 billion for a preferred holding and got warrants to buy $5 billion of stock for $115 a share. Earlier in…