Warren Buffett might help rescue the banks again - but he'll probably make less money this time around
Buffett may be gearing up for a similar role to the one he played during the financial crisis. He made vital investments in Goldman Sachs, General ElectricTreasury Secretary Hank Paulson to suggest the government invest directly in banks instead of buying their assets — which it promptly did.
The billionaire's backing might help to quell fears of more bank failures, and shore up faith in the financial system. If Buffett shows he's willing to risk his money in regional lenders, that could give other investors the confidence to keep hold of bank stocks or buy them at bargain prices. It could also reassure depositors that their money is in safe hands.in recent weeks.
Moreover, Buffett negotiated lucrative terms on his crisis-era investments, and could do so again. Berkshire
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