UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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SCHEDULE 14A
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Bank of America Corporation
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An investor presentation separately filed by Bank of America on September 9, 2015 as additional solicitation material included a link to a video excerpt of Warren Buffett appearing on CNBC on September 8, 2015. A transcript of the video excerpt is included below:
1 Unofficial Transcript: Warren Buffett Speaks in Favor of Proposal CNBCs Squawk
Alley, Tuesday September 8, 2015
Warren Buffett: Well if I could vote, I would vote as management suggests, which is to have Brian take on the
CEO and Chairman job.
CNBC Host Becky Quick: Are you bothered by the idea of just how it was done? How the Board did this and
ignored what was a binding proxy vote from 2009?
Buffett: I guess theyre putting it back to the shareholders now, so Im not bothered I do not think thats a big deal. I think that what Brian does, Brian has done, he took a company that was just a terrible mess, I
mean its been virtually destroyed, the public hated it, the government
hated it. They had all kinds of lawsuits coming in and
employee morale was terrible. And hes resuscitated it and I think he has done a first class job. And if he is the Chairman as well as the CEO, God bless him. Quick: It was a
company in crisis and as somebody who has been in business for a long time youve been through a crisis or two yourself. And I think youve even come up with a motto that you tell people to stick
with: get it right, get it fast, get it over, but get it right first. And
that has been your way.
Buffett: Yeah, you got to get it right, then get it fast, get it out and get it over. But you got to get it right first.
And thats what hes worked at
doing. |