Warren Buffet Berskshire Hathaway Invest $5 Billion in Bank of America (BAC)

Bank of America Corp. (BAC) stock is trading sharply higher in the last few minutes after it was announced that Warren Buffet's Berskhire Hathaway would be investing $5 billion into the company. Investors are seeing this move as a major vote of confidence for the company, as well as a much needed injection of capital. The stock is now up almost 30% in the last 10 minutes. Other banks are...

View the full post at http://blog.t3live.com