berkshire hathaway

Warren Buffett has given the country's biggest bank a $5 billion vote of confidence. Bank of America's share price had been sliding.

But Buffett announced Thursday that his conglomerate Berkshire Hathaway is investing $5 billion and will receive 50,000 shares of preferred stock, and now the bank's shares are up about 12 percent.

Three years ago, Buffet helped another bank in crisis when he put $5 billion into the Wall Street firm Goldman Sachs.

Whenever Warren talks, people listen, but my gut tells me that a second stimulus is still politically impossible right now.

Especially since nearly 90% of the original $787B is left to spend (which Dems are bemoaning)