Wednesday, October 01, 2008

Warren Buffet takes on GE Preferred Stock

General Electric Co. got a $3 billion investment from Warren Buffett and said it will sell $12 billion in common stock, gathering more cash to fund operations amid the worst U.S. financial crisis since the Great Depression.

For more read below:

GE Raises $15 Billion; Buffett Gets Preferred Stake

Best regards,
Lucas

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