He is trying to protect it by publicly stating that GS is a well-run company. He is making 10% annual dividends regardless($500mm).In all honesty, the only reason he is backing them up for now is because he is protecting his investment. 5 bill is a nice chunk of change. I wonder if he will publicly stand behind them during the new criminal investigations now.
Buffet has already been wrong before, and he does not like his reputation being smeared...
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