History is repeating itself with Warren Buffett's rescues: BofA (BAC) opens -5.2% at $6.87, or...

|About: Bank of America Corporation (BAC)|By:, SA News Editor
History is repeating itself with Warren Buffett's rescues: BofA (BAC) opens -5.2% at $6.87, or $0.11 below its value before Buffett injected $5B. BofA had surged to $8.80 the day afterwards. The same happened with his investments in GS and GE, although he still made money on them.