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To avoid the brand new collapse, Warren Buffett’s Berkshire Hathaway spent $5 billion inside Goldman Sachs in exchange for well-known shares. The fresh funding is named a white knight conserve, because aided fix rely on inside the Goldman Sachs and averted a good potential domino aftereffect of other creditors collapsing. A typical example of an administration-provided white knight occurs when the new government group of Dell teamed up with Silver River People when planning on taking the business personal in the 2013. The brand new administration team believed that using team individual would allow them to work at enough time-label development and you may extension, rather than small-label earnings.

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