Its a sweet deal for Buffett, and it takes the focus off of BAC for now, thereby allowing Bernanke time to focus on the many problems facing the economy.
We all just watched that HBO movie on the collapse of Lehman Brothers, and we have all heard that Buffett came up with the idea while in the bath-tub, (wonder of that is a a thought about literally take a bath, like the shorts, and anyone who bought into this news today.
Between the AAPL news last night, the BAC news this morning, its amazing how quickly things happen.
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