Op-ed: A helping hand for Bank of America

Warren Buffet will invest 5 billion dollars in Bank of America. For someone who is asking for higher taxes, he has virtually made a government bond investment with significant potential upside. Stricken by rumors about higher losses caused by its real estate portfolio, Bank of America has been much abused in the stock market.

And such uncertainty has affected the entire financial sector. With 3% of the bank in his hands, now Buffet has become a stroke of good luck for the entire banking system. We recall that he invested in Goldman Sachs after the Lehman debacle.

The oracle from Omaha's prophecies often come true, because the herd follows his investments. His vote of confidence for the sector could give more time to lenders that are better than they were in 2007 and continue to strengthen themselves.