Geduld Says Buffett's BofA Investment Will Be A 'Steal'

Buzzy Buffet BofA Still

Buzzy Geduld, chief executive officer of Cougar Trading, discusses the decision by Warren Buffett's Berkshire Hathaway Inc. to invest $5 billion in Bank of America Corp. to bolster the company after losses tied to subprime mortgages drained capital.

Geduld speaks from New York on Bloomberg Television's InBusiness With Margaret Brennan.

Source: Bloomberg