Business Briefs
Return of $187,00 a day
Goldman Sachs will pay off an expensive 2008 investment from Warren Buffett. The Wall Street firm will pay back the $5 billion investment, made during the darkest days of the financial crisis. The deal was a lifeline for Goldman — but it came at a hefty price, namely a 10 percent annual dividend that amounted to about $500 million a year. The investment netted the billionaire investor $1.7 billion, or about $187,000 a day.
