That Time Warren Buffett's Investment Was Blocked by Bank of America’s Call Center

(Bloomberg) — The bathtub epiphany that led Warren Buffett to pump $5 billion into Bank of America Corp. after the financial crisis has been retold many times. Now, a new detail is emerging in the Wall Street fable.In an interview with Bloomberg Television, Bank of America Chief Executive Officer Brian Moynihan recalled how Buffett initially tried to reach his company with a proposal eight years ago. The legendary investor called a public phone line and was rebuffed.“He got into the call centers and asked to speak to me and of course they don’t transfer everybody who calls the call centers …read more

Source:: Yahoo Finance

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