nicholas.conger

Bank of America Must Know Something

As to the Warren Buffet Speculation, Berhshire Hathaway bought an initial position in BofA of 8.7 million shares (4.4 B outstanding)..."someti... during the 2Q07." Like perhaps August 14th? WB loves convertible prefered stock (witness Solomon Brosl in 1991 and others). Then BofA "coincidentially" arranges a convertible preferred stock "arangement" with CW...hmmm. Let's see if BRK adds to its BofA position...and/or see if BofA buys CW.