U.S. stock indexes waver as lawmakers hear more on bailout

Date: Wed, 24 Sep 2008 12:02:50 -0400
U.S. stock indexes waver as lawmakers hear more on bailout

U.S. stock indexes pull tentatively higher amid investor impatience for
a government bailout for banks and cheer over billionaire Warren
Buffett's deal to buy a $5 billion stake in investment bank Goldman
Sachs Group Inc.

Financial Stocks: Goldman highlights as Buffett buys in, but financials
dip

Most U.S. financial stocks dip, but news of Berkshire Hathaway's move to
invest up to $10 billion in Goldman Sachs inject hope into the sector.

Goldman Sachs shares gain in reaction to Buffett's investment

Billionaire Warren Buffett's Berkshire Hathaway plans to invest as much
as $10 billion in Goldman Sachs Group as the venerable Wall Street firm
transforms itself into a more-stable banking business. Shares of both
companies make early gains.

Buffett sees some form of Paulson plan passing

Billionaire investor Warren Buffett believes some form of Treasury
Secretary Henry Paulson's rescue plan for the U.S. financial system will
pass Congress.

Fed takes aim at money markets via $30 billion in swap lines

The Federal Reserve establishes new currency swap lines with central
banks in Australia, Sweden, Denmark and Norway as it continues to boost
dollar liquidity and fight tight money-market conditions.