Word that BofA (BAC -4.8%) trades below $5 could test the mettle of value investor Warren...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

Word that BofA (BAC -4.8%) trades below $5 could test the mettle of value investor Warren Buffett as his paper loss on warrants pushes over $1B - presumably a big number even for the Oracle. But cushioning the blow for Buffett will be the $300M in dividends he rakes annually no matter how far down into the abysss BAC falls.