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What's good for Warren Buffett...

by Kai Ryssdal

Oct 1, 2008

...is good for Wall Street.

24/7 Wall Street has the details of Warren Buffett's latest purchase: a big(ger) chunk of General Electric.

How's that related to the financial crisis, you ask? Two little words -- or maybe two initials and a word. GE Capital.

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy. Follow Kai on Twitter @kairyssdal.