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Reply #9: This had an interesting little twist today.
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OllieLotte
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Thu Aug-25-11 06:49 PM
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9. This had an interesting little twist today. |
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Warren Buffet comes up with 5 billion under very favorable terms a week after BAC said they didn't need any additional cash. Stock jumped 20% at the open only and closed up 10% for the day. Inquiring minds want to know...if BAC didn't need additional cash, why would they take in $5 billion at terms that aren't favorable to the bank?
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