Buffett Invests $5 Billion In Bank Of America

Buffett invests $5 billion in Bank of America

NEW YORK (AP) -- Warren Buffett is coming to the rescue of another fallen giant....

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BING NEWS:
  • UPDATE 1-Buffett investing deputy Combs joins JPMorgan board
    It owns $5 billion of preferred stock in Bank of America Corp, and has a more than $22 billion, or roughly 10 percent, stake in Wells Fargo & Co. Berkshire also invests in American Express Co, Goldman Sachs Group Inc and US Bancorp. It reported no JPMorgan ...
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  • Buffett Invests $5 Billion in Troubled BofA
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  • Warren Buffett Invests $5 Billion In Bank Of America; Stock Soars
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  • Warren Buffett invests $5 billion in Bank of America
    NEW YORK (AP) -- Warren Buffett is coming to the rescue of another fallen giant. Buffett's Berkshire Hathaway announced Thursday that it would invest $5 billion in Bank of America Corp., giving a much-needed vote of confidence in the struggling bank.
    08/25/2011 - 2:25 am | View Link
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