Thursday, August 25, 2011

Buffett to Invest $5 Billion in Bank of America

Bank of America said it will receive a $5 billion investment from Warren Buffett's Berkshire Hathaway as doubts have grown in recent days about the banks's capital position. BofA shares surged 26% to $8.76 premarket trading.


http://online.wsj.com/article/SB10001424053111904787404576530211731979854.html?mod=djemalertMARKET

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