Thursday, August 25, 2011

Buffett invests $5 billion in Bank of America

http://www.washingtonpost.com/business/economy/buffett-bolsters-bank-of-america/2011/08/25/gIQA2ynReJ_story.hthttp://www.blogger.com/img/blank.gifml

Bank of America, seeking to snap this year’s stock plunge, will pay billionaire Warren Buffett $300 million a year to do what he did for Goldman Sachs during the credit crisis: bolster confidence.

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