Democratic Underground - "Goldman Shares Surged Before Buffett Deal Was Unveiled"

Reply #28: "Goldman Shares Surged Before Buffett Deal Was Unveiled" [View All]

chill_wind

(1000+ posts) Send PM | Profile | Ignore

Mon Jan-19-09 10:54 AM
Response to Reply #19

28. "Goldman Shares Surged Before Buffett Deal Was Unveiled"

Edited on Mon Jan-19-09 10:56 AM by chill_wind

And somehow this all got buried and lost in the times...

September 24, 2008

An unusual surge in Goldman Sachs‘ share price in the last 10 minutes of trading on Tuesday raised eyebrows on Wall Street, as it came two hours before news of Warren E. Buffett’s big investment in the bank, Reuters reports.

Goldman shares rose more than $5 heading into the close of trading even as the rest of the market tumbled, leaving traders suspicious that inside information was used to make a profit.

http://dealbook.blogs.nytimes.com/2008/09/24/goldman-shares-surged-before-buffett-deal-was-unveiled/

It never really made the big google. It never even made the big DU.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4081531

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Reply #28: "Goldman Shares Surged Before Buffett Deal Was Unveiled" [View All]