And now Buffett says is will help Bank Of America Out.
Bank Of America Exec Overheard Telling Rick Perry: 'We'll Help You Out.'
This is not a reassuring situation with Perry. B of A is not an organization as far as California is concerned with issues conservatives care about. And, of course, we hear Buffett is investing in B of A http://www.cnbc.com/id/44271253 They supported the Community Reinvestment Act and now they are suffering the consequences and have Buffett coming to the rescue (Buffett who loves Obama). Sounds like Perry may be the RINO flavor of the day. Hope the Tea Party is wiser.
On the other hand, Bank of America was told by the Obama administration to buy out Merrill Lynch, after which the administration decided to investigate BofA. Dead if you do, dead if you don't. While I'm not a Perry fan, BofA has reason to back anyone running against Obama. Then again, having Buffet as an investor in a Bank that wants to back Perry isn't reassuring.
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