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Goldman Share Surge - 'Someone Is Going To Get Caught'

Reuters reports that an 'unusual' surge in Goldman Sachs' share price in the 10 minutes before the closing bell Tuesday has aroused suspicions that something dodgy was going on. Just two hours later came the news that Warren Buffett's Berkshire Hathaway was to make a large investment in the firm.

Buffett Puts His Hand In His Pocket For Goldman

If there was ever any doubt about the future of Goldman Sachs, it will have been dispelled this week, on the news that Warren Buffett's Berkshire Hathaway is to invest $5bn in Goldman perpetual preferred stock (with a 10% dividend). The company also secured warants to buy $5bn of common stock at $115 a share in Goldman at any time in the next 5 years.

ABN Amro Staff Told To Prepare For 'The Visit'

Sir Fred Goodwin, the CEO of Royal Bank of Scotland, rocked up to what was ABN AMRO's London HQ building at 250 Bishopsgate Friday. He was there to tour the floors and acknowledge the little people. For most of ABN's staff it was their first glimpse of Goodwin, and for many it will be their last (the layoffs are likely to come thick and fast now).

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