Berkshire Hathaway Invests $5 Billion in Bank of America

Warren Buffett’s investment company has given $5 billion to Bank of America, sending its shares soaring on Thursday, Aug. 25.
Berkshire Hathaway Invests $5 Billion in Bank of America
A pedestrian walks by a Bank of America branch office on January 21, 2011 in San Francisco, California. During 2010, U.S. banks increased their lending, although most of the credit was extended to large- and medium-sized businesses. Justin Sullivan/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/108231346.jpg" alt="A pedestrian walks by a Bank of America branch office this in San Francisco, California. Bank of America's shares went soaring on Thursday after Warren Buffett�s investment company them gave $5 billion. (Justin Sullivan/Getty Images)" title="A pedestrian walks by a Bank of America branch office this in San Francisco, California. Bank of America's shares went soaring on Thursday after Warren Buffett�s investment company them gave $5 billion. (Justin Sullivan/Getty Images)" width="320" class="size-medium wp-image-1798798"/></a>
A pedestrian walks by a Bank of America branch office this in San Francisco, California. Bank of America's shares went soaring on Thursday after Warren Buffett�s investment company them gave $5 billion. (Justin Sullivan/Getty Images)
Frank Yu
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