Money Trails from Buffet to B of A to the Little People
Although big business likes to keep its cool when talking billions, Warren Buffet's Berkshire Hathaway investment of 5 billion into Bank of America is a whole lotta money.
But the reason for this article is not about B of A's alleged troubles, which some economists refute. The real reason is deeply personal.
I've been with Bank of America for 15 years. At the risk of announcing my own personal financial troubles, Bank of America came to my rescue in a way most people would never believe the big bad banks would ever do.
On my own site, I wrote an article called, "Bank of America Saves Lives in a Down Economy."
I needed to publicly celebrate how happy I am with the 3rd largest bank in the world.
I won't divulge exactly how they helped me, because I don't believe B of A would appreciate a possible deluge of calls for help following in my own footsteps.
Suffice to say, my electric had been shut off. My column is about entertainment and technology but the audience includes struggling artists like myself, learning to navigate the swiftly converging and shape-shifting changes of online entertainment.
For those who have never experienced having their electric shut off, it is an absolutely frightening and humiliating experience.
Shame on you Progress Energy.
How ironic that on Progress Energy's home page is a picture of a happy customer smiling.
After the global and profound announcement of Buffet's 5 billion pickup of B of A, I immediately starting searching online for coverage of the event.
It was sheer serendipity that I came across the following B of A video on Youtube:
Follow Technorati