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news.yahoo.com - 22 days ago
Buffett joins Goldman bid for Fannie Mae tax credits (Reuters)
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Reuters - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) has joined Goldman Sachs Group Inc in a bid to buy $3 billion in tax credits from mortgage giant Fannie Mae, the Wall Street Journal's website reported, citing people familiar with the matter.
online.wsj.com - 24 days ago
Goldman Looks to Buy Fannie Tax Credits
— online.wsj.com — WASHINGTON -- Goldman Sachs Group Inc. is in talks to buy millions of dollars of tax credits... from government-controlled mortgage giant Fannie Mae, but the potential deal is running into opposition from the U.S. Treasury, which could block the deal. A ... (more) Goldman Looks to Buy Fannie Tax Credits

Comments vote down FT Alphaville found this 24 days agofound this
ritholtz.com - 18 days ago
Treasury DKs Goldman/Fannie/BRK Tax Credit Scam
— ritholtz.com — Due to an unexpected outbreak of rationality and perhaps embarrassment, the Treasury department has rejected requests of... Goldman Sachs and Berkshire Hathaway to purchase Tax Credits from Fannie Mae. This paper transaction would have provided ... (more) Treasury DKs Goldman/Fannie/BRK Tax Credit Scam

Comments vote down Abnormal Returns found this 18 days agofound this
alephblog.com - 24 days ago
Fannie + Goldman + US Treasury + Tax Credits = Complex Mess
— alephblog.com — In a prior job, I spent a decent amount of time on Affordable Housing tax credits .... The idea was to reduce my life insurance company client’s taxable income to the point where they would be close to but not subject to the corporate alternative minimum tax. Occasionally my work would ... (more) Fannie + Goldman + US Treasury + Tax Credits = Complex Mess

Comments vote down Alephblog Alephblog posted 24 days agoposted this

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Newsback:  Buffett joins Goldman bid for Fannie Mae tax credits (Reuters)

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Buffett joins Goldman bid for Fannie Mae tax credits (Reuters)
Newsback — ... ) Reuters - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) has joined Goldman Sachs Group Inc in a bid to buy $3 billion in tax credits from mortgage giant Fannie Mae, the Wall Street Journal's website reported, citing people familiar with the matter. Read the full story here . ...

Related: $3 billion of tax credits fannie mae
Buffett Joins Goldman in Bid for Fannie Mae Tax Credits — IEHI Feed: The Hedge Fund Implode-o-Meter
"Warren Buffett's Berkshire Hathaway Inc. has joined Goldman Sachs Group Inc. in the investment bank's bid to buy $3 billion in tax credits from government-owned mortgage giant Fannie Mae, according to people familiar with the matter."
Buffett Said to Join Goldman Bid for Tax Credits — DealBook
Warren E. Buffett is teaming up with Goldman Sachs in a bid to buy $3 billion in tax credits from mortgage giant Fannie Mae , The Wall Street Journal reported.
Goldman Sachs Hopes To Receive Approval This Week For $1 Billion Worth Of Tax Credits From Fannie — Daily Markets
Goldman Sachs Group Inc. (GS) is contemplating buying tax credits from Fannie Mae (FNM) . However, it may be reasonable to assume that the U.S. Treasury may not approve of the deal. Goldman hopes to receive approval this week for $1 billion worth of tax credits. Tax credits are incentives ...