Bloomberg News

Buffett Bets Big on Housing with $3.8B ResCap Bid

June 18, 2012

In today's "Movers & Shakers," Bloomberg's Betty Liu reports that Warren Buffett has bid $3.85 billion for a mortgage business and loan portfolio from Residential Capital LLC. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Running Time: 00:44


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