Nightly News | August 25, 2011
Buffet buys 5 billion dollars in BofA stock
Warren Buffet bought 5 billion dollars worth of Bank of America stocks on Thursday. NBC’s Brian Williams reports.
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This content comes from Closed Captioning that was broadcast along with this program.
>>> the best way to tell this next story is this, there's one guy in this country rich enough and influential enough to save a bank and that might be what warren buffett did today, bank of america is in trouble, but buffet bought $5 billion in stock. it's a bet that may pay offhandsomely for him, but it raised the stock price .