I might not say tremendously because GE and GS came to him in desperation looking for capital. Buffet probably would have done bigger deals with even better terms if they didn't get any bailout money. But his much bigger holdings in Wells Fargo sure benefited!
GS especially was buying Buffett's credibility more so than they needed a cash infusion in the wake of the financial meltdown.
GS especially was buying Buffett's credibility more so than they needed a cash infusion in the wake of the financial meltdown.