Buffett's Goldman Sachs Investment Boosts Morgan Stanley's (MS) Stock Too

September 23, 2008 6:02 PM EDT
Shares of Morgan Stanley (NYSE: MS) are trading up over 10% on the heels of news that Warren Buffett will invest $5 billion in rival Goldman Sachs (NYSE: GS). Investors believe the move by Bufffett, while not directly benefiting Morgan Stanley, provides support for the investment banking model.

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Warren Buffett, Goldman Sachs, Morgan Stanley