Buffett & BOA Come to Agreement about Preferred Stake

During 2011, Bank of America turned to billionaire investor Warren Buffett when they needed a capital injection. The lender has recently come to an agreement with Berkshire Hathaway about the terms of this investment so that regulators treated more favorably. The amendment to this agreement allows Bank of America to count preferred shares with a …

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Buffett Says Banks Won’t Get America In Trouble

Warren Buffett is a billionaire investor who has taken out stakes in some of the largest United States banks, who tells us that the lenders have rebuilt their capital to the levels where they aren’t a possible threat to the economy any longer. “The banks will not get this country in trouble, I guarantee it,” …

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