Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
Warren Buffett Buying Stake in G.E.
By
Jen Chung
Published Oct 1, 2008
Modified Oct 1, 2008
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
By
Jen Chung
Published Oct 1, 2008
Modified Oct 1, 2008
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
Billionaire investor Warren Buffett announced he will buy $3 billion in G.E. preferred stock, "G.E. is the symbol of American business to the world... They have strong global brands and businesses with which I am quite familiar. I am confident that GE will continue to be successful in the years to come.” G.E.'s stocks dropped this morning. Eight days ago, he invested $5 billion in Goldman Sachs. In the meantime, the Senate will vote on bailout legislation tonight and stocks are basically unchanged from yesterday.
Tagged
bailout
economy
ge
warren buffett
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
Holy civics! NYC schools' own comic books in the spotlight at Comic Con
Comic Con continues through Sunday.
By
Jessica Gould
Published Oct 10, 2026 at 8:00 a.m. ET
What we know about the ICE shooting in NYC
A federal immigration agent shot a Dominican immigrant in the neck in Marble Hill Thursday night.
By
Karen Yi
News
What we know about the ICE shooting in NYC
A federal immigration agent shot a Dominican immigrant in the neck in Marble Hill Thursday night.
By
Karen Yi
DSA to Mamdani: Fire NYPD commissioner if ICE doesn't leave NYC
By
Elizabeth Kim
,
Brigid Bergin
and
Ben Feuerherd
Two people killed in Bronx vehicle crash
By
Kaya Laterman
NY will opt in Trump’s school choice program, Hochul says
By
Jon Campbell
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .