I got a mortgage due next week, now what do I do? So I think, if you’re a huge media company and you’ve got thousands, and millions and millions of visitors and you have a dedicated sales team that can go out and sell advertising, you can try to make money that way. Even ...
Then, in 2011, when banks were still reeling from losses after the subprime mortgage crisis, Buffettbought $5 billionof BofA’s preferred shares and warrants, surmising that the bank wouldn’t need any extra cash to cover its exposure to troubled mortgages like some of its peers, and his ...