Warren Buffett to Get Grilled About Goldman Sachs (NYSE:GS) at Berkshire Hathaway (NYSE:BRK) Shareholder Meeting

It seems Warren Buffett is getting geared up for the upcoming annual Berkshire Hathaway (NYSE:BRK) meeting, which should provide some fireworks over the holdings of the company in Goldman Sachs (NYSE:GS) and a more upbeat atmosphere than last year's meeting, which included the gloomy heat of the recession lingering over it.

About Goldman Sachs, Buffett said he is prepared to answer any questions shareholders have on the financial giant, and knowing how Buffett prepares, I'm sure he knows as much about Goldman Sachs as the people running the company do.

Smelling a huge opportunity at the outset of the credit crisis, Buffett invested heavily in Goldman and is making hundreds of millions on that bet annually since that time. He invested $5 billion in Goldman via Berkshire.

Both Buffett and partner Charlie Munger have blasted the practices of Wall Street which, along with the Federal Reserve, led to the credit crisis and mortgage meltdown.

Munger, who usually is perceived the "bad guy" of the good guy/bad guy routine, actually had good words to say about Goldman which contradict the usual line of thought about them, saying that he thinks Goldman is "more prudent and ethical" than the other giant financial institutions on Wall Street.

That's quite a statement when considering what the financial media have been reporting on them. Munger also says he doesn't believe there was anything illegal in what Goldman is being charged with for fraud.

But don't count old Charlie Munger out for some good old blasting of Wall Street again, it's sure they'll get another tongue-lashing over their dismal activities and bad decisions at the shareholder meeting, and that should be great fun to see.

We'll probably find the most balanced view of Goldman Sachs put forth so far when Buffett and Munger take the stage, and that should be important to all those watching, as we've largely been given only one side of the picture concerning them because they've become the media whipping boy used to vent their anger against, far above the rest of the giant bank combined.