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realfast95

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realfast95

Re: squashjohn post# 350

Monday, 03/10/2014 6:13:34 PM

Monday, March 10, 2014 6:13:34 PM

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OT: Yes Berkshire is all over the banks including BAC. The BAC CEO panicked a year or two ago and got $1 billion from Buffet and options to buy 700 million shares for $5B by 2016 (I think)

Cramer and Link wrote: there are rumors the company is in negotiations with Warren Buffett to amend the stake as to not affect their Tier 1 capital ahead of the CCAR, which could lead to better distribution -- very good news, indeed. The next catalysts for shares will be the DFAST results on March 20, followed by CCAR results on March 26.
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