Bank of America's CEO Brian Moynihan once again laid out his company's plan to meet regulatory capital requirements and denied that the company will have to issue new stock to raise capital. The bank can meet its requirements simply by retaining profits.
Warren Buffett makes some more hiring at Berkshire, announcing that Ted Weshler will join the company in the coming months. Insight with Carol Loomis, Fortune senior editor at large.
A portfolio manager who paid a total of $5.3 billion for two dinners with Warren Buffett has just been hired to help pick stocks at Berkshire Hathaway.
Bank regulators from the Federal Reserve have been pushing Bank of America to put in place a plan for what to do if conditions worsen, according to The Wall Street Journal.
Pulitzer Prize winning journalist Jesse Eisinger raises an important point about Bank of America—and the banking system in general.
Despite what many people seem to believe, Warren Buffett did not spring fully formed from the mind of Zeus. He, too, was born of woman and today the old guy celebrates his 81st birthday.
The week's top business and investment news, including Hurricane Irene and banking plays.
Now that Warren Buffett has “saved” Bank of America, find out if Cramer thinks it’s a buy.
Mad Money host Jim Cramer shares his view on Warren Buffett's $5 billion bet on Bank of America Thursday.
The euphoria that greeted Warren Buffett’s $5 billion investment in Bank of America Thursday has subsided as this day has worn on, but the boost in confidence brought on by having the world’s best known investor step into the weakest of the U.S. big banks is still being felt, if only modestly.
The Bank of America CEO had protested the financial institution didn't need to raise capital, but then strikes a $5 billion deal with Warren Buffett a few weeks later, much to the ire of the "Fast Money" traders.
After a $5 billion capital infusion in Bank of America by Warren Buffett, an analyst reiterated a “strong buy” on the company that was “being viewed as one of the weakest banks in the country, if not the world,” he said on CNBC on Thursday.
Warren Buffett tells CNBC's Becky Quick "this isn't 2008" and that's why Bank of America is getting better terms for its $5 billion loan today from Berkshire Hathaway, compared to what General Electric and Goldman Sachs paid for similar loans almost three years ago at the height of the credit crisis.
Warren Buffett's bet on a Chinese electric car maker has been coming back to earth, dropping about $2 billion in value from its peak of almost $2.5 billion in October of 2009. It's not, however, a total loss. Berkshire Hathaway's 10 percent stake in BYD is still worth around $460 million, double the $230 million it paid in September, 2008. Could Buffett go all-in?
The strong debate sparked by Warren Buffett's call one week ago for higher tax rates on the "super-rich" continued through the weekend. Here are some samples from around the country.
Warren Buffett has been accused by conservatives of waging "class warfare" and using "intellectual tax dodges" with his "Stop Coddling the Super-Rich" call for higher tax rates on incomes over a million dollars a year. One TV host asked if he is a "complete socialist." Now, the Daily Show's Jon Stewart is taking on Buffett's conservative critics.
The creator of the Laffer Curve called Warren Buffett a hypocrite for urging lawmakers to raise taxes on the super-rich to cut the budget deficit. "The hypocrisy of Warren Buffett is unfathomable."
Rarely, in our experience, are extremist positions in the financial world accurate and even more rarely are the helpful, says blogger Michael Farr.
Warren Buffett spoke with broadcast journalist Charlie Rose for one hour on his PBS and Bloomberg television interview program that aired on Monday, August 15, 2011. Leading the conversation: Buffett's controversial call for Congress to stop "coddling" the super-rich and raise tax rates for the wealthiest Americans. This is a transcript of the entire program, courtesy the Charlie Rose program.