Buffett Backs Bank of America (BAC)

1:30pm (EST) We mentioned on Tuesday we could be nearing a bottom for Financial stocks and it seems Warren Buffet got the message.  Buffett's Berkshire Hathaway will invest $5 billion in Bank of America (BAC, $7.63, up $0.64) to shore up the company's balance sheet and provides a much needed vote of confidence for the [...]