Didn't Warren (tax me more) Buffet just buy a huge amount of Bank of America a month or two ago?


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Now they are sticking it to the consumers with these fees?
What a generous man!


Banks in Warren, IN



Answer (4):

 
Cris Ray

BHO an crew cut what banks can charge retailers for debit card use so it has to be made up somewhere else.

 
regerugged

To show how smart Buffet is, he invested five billion in 9% preferred stock. The bank has to pay him before they make any payments to common stock investors.

 
goodluckwithhat

Probably with the millions in taxes he hasn't paid yet because he doesn't think he owes them. Maybe he's confused and doesn't realize that the government doesn't need to tax him more; he just needs to pay the taxes he owes.

 
Dawn of the Zombie g

you're judging someone's generosity by the actions of a company they invest in? odd