Warren Buffett's Bank Of America Rescue Was His Crisis-Era Masterpiece |
| July 01, 2017 | July 2017 Bond Updates |
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Warren Buffett is now Bank of America's largest shareholder after exercising warrants to buy 700 million shares in the lender. A legacy of Buffett's 2011 $5 billion infusion into Bank of America, the deal has minted the 'Oracle of Omaha' a profit of over $12 billion. |
| View more at: http://www.forbes.com/sites/antoinegara/2017/06/30/warren-buffetts-bank-of-america-rescue-was-his-crisis-era-masterpiece/ |
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