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Back to Home » August 2011 News » Buffett gives $5 bln vote of confidence to BofA |
Buffett gives $5 bln vote of confidence to BofA |
August 25, 2011
NEW YORK (AP) -- Warren Buffett comes to the rescue again. Buffett's Berkshire Hathaway Inc. announced Thursday that it would invest $5 billion in Bank of America Corp., a much-needed vote of confidence that sent the beleaguered bank's stock soaring 9 percent....
Source URL: http://hosted.ap.org/dynamic/stories/U/US_BANK_OF_AMERICA_BERKSHIRE?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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