Buffett Thanks BofA CEO for $5.3 Billion Profit

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From CNBC:


It's common for shareholders to score private meetings with company executives, but it's newsworthy when that means Warren Buffett is having a private dinner with Brian Moynihan, the chief executive of Bank of America.


On Aug. 6, the two met at Omaha's Happy Hollow Club, where Buffett is a member, according to people briefed on the dinner. On the menu: The economy, the banking sector, and—"very likely"—the state of his $5 billion investment in the bank, these people said. Buffett was said to have treated from his club account.

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