Berkshire's Stake in Bank of America

Berkshire's Stake in Bank of America Play

Aug. 25 (Bloomberg) -- David George, a bank analyst at Robert W. Baird & Co., talks about Berkshire Hathaway Inc.'s $5 billion investment in Bank of America Corp. to bolster the company after losses tied to subprime mortgages drained capital. The lender will sell cumulative perpetual preferred stock to Berkshire, the Charlotte, North Carolina-based bank said today in a statement. George speaks with Adam Johnson and Deirdre Bolton on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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