Posted by & filed under Governments & Regulators, Management Issues.

Description: Warren Buffett’s Berkshire Hathaway has lost a lot of money (on paper) in Wells Fargo since the bank was fined by regulators for creating fake accounts. But Buffett hasn’t said a word.

Source: CNNMoney.com – video report

Date: Sep 14, 2016

Link: http://money.cnn.com/2016/09/14/investing/warren-buffett-berkshire-hathaway-wells-fargo-fake-account-scandal/index.html?iid=hp-stack-dom

Questions for Discussions:

  • What does this report say about the culture at the bank?
  • Why do you suppose Warren Buffett has reserved commentary?
  • What would you expect Buffett to do?

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