Berkshire tried to buy Rescap, 3 sources say
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Berkshire tried to buy Rescap, 3 sources say

Bloomington : MN : USA | May 17, 2012 at 5:32 PM PDT
Source: Star Tribune
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Billionaire Warren Buffett sought to purchase Residential Capital from Ally Financial Inc. before the government-controlled company put the home lender in bankruptcy, three people familiar with the matter said. Buffett assigned former hedge-fund manager Ted Weschler to negotiate... FULL ARTICLE AT Star Tribune
 
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  • Buffett tried to buy ResCap before bankruptcy: report

      Turks and Caicos Free Press
    Billionaire investor Warren Buffett sought to buy Residential Capital ( ResCap ) from Ally Financial before the U.S. auto and mortgage lender put its home-lending unit into bankruptcy, Bloomberg said, citing three persons familiar with the matter.

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