16 September 2014
The tale origins can be traced to the momentous month of September 2008 that saw the demise of Lehman Brothers, and eventually led to the global financial crisis which almost put the world economy into a depression. Even mighty Goldman Sachs, the bluest of blue chip investment banks, was looking to Warren Buffett for a lifeline after being buffeted by the chaos in financial markets. Goldman was keen to have the Sage of Omaha, whose right hand man happened to also be an Indian American named Ajit Jain, give a vote of confidence by committing a significant amount of capital to the firm..
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