Burnell on Buffett's Investment in Bank of America

Burnell on Buffett's Investment in Bank of America Play

Aug. 25 (Bloomberg) -- Matthew Burnell, a senior analyst at Wells Fargo Securities LLC, talks about Warren Buffett's $5 billion investment in Bank of America Corp. to bolster the company after losses tied to subprime mortgages drained capital. Burnell speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." Charles Lieberman, chief investment officer at Advisors Capital Management LLC, also speaks. (Source: Bloomberg)

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