Financial markets gave mixed signals Wednesday, with stocks stabilizing following investor Warren Buffett's $5 billion bet on Goldman Sachs Group Inc. but the credit markets showing added strain as they await news about the government's plan to rescue banks from crippling debt
Goldman Sachs also said it will sell $5 billion worth of common stock to the public; the company and Morgan Stanley earlier this week were granted approval to become bank holding companies, which would help them strengthen their balance sheets.
Though Buffett's move appeared to soothe some investors, it didn't alleviate concerns about the effectivenes of any government bailout and about the health of the broader economy.
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